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In some cases we need to delete tax payment in QuickBooks online and we can delete within certain time limitation. In this post we will discuss how to delete tax payment in QuickBooks?
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Delete Tax Payment in QuickBooks How to delete tax payment in QuickBooks? In some cases we need to delete tax payment in QuickBooks online and we can delete within certain time limitation. In this post we will discuss how to delete tax payment in QuickBooks? When we can delete tax payment? There are some circumstances and time period in which you can delete a tax payment. If tax table is manually recorded If payment is not the electronic payment The tax payment is in process or already processed electronically then you can’t delete tax payment. If the tax payment is in process or already processed electronically then you can’t delete tax payment. You cannot delete the payment when it was rejected due to insufficient funds (NSF). Federal tax payment can be deleted in two business days prior to the payment date. Before 5pm PST.
If the lead time for your state is five business days, then you need to delete the payment five business days prior to the payment date. Before 5pm PST. Method Delete Tax Payment Case 1: If you aren't ready to make the tax payment and you haven't approved it yet, follow the mentioned steps: Select Taxes & Forms -> select Pay Taxes. (Note: If you created a tax payment that you haven't yet approved, you'll see an Approve button). Choose Approve. On the Approve Payment page, get the payment. In the Delete column, Click on X. Click on Yes to confirm. Case 2: Delete the tax payment when it was approved and paid manually (such as by mailing a check). Follow the mentioned steps Then select Employer Reports from Report. From the drop-down menu, select Tax Payments. Then click on Go -> Go to the Payment Date column. And select the date of the payment. Select Delete. Then select Yes to confirm that you want to delete the payment. Case 3: If you have approved the payment and you paid the taxes electronically, you can't delete an electronic tax payment. If an electronic federal 941 payment failed (for example, because of insufficient balance), our system will allow you to create the payment again. If you’re not able to create it again, or if the payment was for federal 940 or 944 taxes, contact us. If there’s an issue with an electronic state tax payment, contact us. Generally, we can't delete a state e-payment. However, we might be able to help you resolve the issue. For taxes you cannot delete, contact us for assistance at toll free number 1844-827-3817.