How Do I Change The Income Tax Rate For Michigan On Quickbooks?
Michigan income tax rate went to 4.35% and I need to change it to do payroll this morning…..Can’t figure out how!!! I already did the obvious… Google and QuickBooks Help… any other ideas?
You will need to download Payroll Update 20716 as soon as it is released so the correct amount of Michigan withholding taxes are calculated and withheld from employees’ paychecks from that point forward.
Read about it here http://support.quickbooks.intuit.com/sup…
If you’re not a subscriber to payroll updates, the tax table cannot be changed. Tax tables can only be updated via the payroll update. When you’re doing payroll manually…you have to calculate taxes manually.
The MI tax rate didn’t just change. It has been 4.35% since 10/1/2007.