An Overview Wage Base And Tax Adjustment In Quickbooks


In this tutorial, we will learn how to use a wage base adjustment in order to correct an employee’s year-to-date (Ytd) details (wage base and tax amount) for flat rate taxes like FUTA, Social Security, Medicare and SUI.


Important Details

  • For Assisted Payroll: contact us at 888.712.9702 in case you need wage base adjustment on taxes filed by Intuit.
  • Basic, Standard, and Enhanced: running the Payroll Checkup will not auto correct the wage base.


Important Technical Issues

  • Some of the common scenarios that can be changed or corrected by making a wage base adjustment in QuickBooks Tutorial.
  • You need to change the tax item employee that is subjected in the middle of the year, resulting incorrect wage and tax amounts on tax forms.
  • ¬†Employee’s total wage base hasover exceeded the annual limit and you are expected to correct it.
  • You need to change the default tax settings in the payroll item set up causing error in tax calculation.
  • You need to change the rate for a tax item in the middle of a filing quarter or year and is required to apply this change retroactively.


Read More:

How to make a wage base adjustment

Kristin is a content strategist at Techarex Networks. Kristin follows the B2B technology space closely and loves to write on the latest changes in technology, futuretech and fixes for day to day how to issues. Besides writing Kristin also loves music, moves and skating.

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