L&I Quarterly Taxes?

Question

Does anybody knows how i figure the sum that is owed to L&I Quarterly.
What kind of a report i pull on Quickbooks?
and where do i file it? (through what website)?
You answer will be greatly appriciated. Thank you

Answer 1

On all of the various types of withholding, and on the employer taxes, those would have been calculated and entered into Quickbooks at the time the payroll was prepared, so a report of those specific categories for the appropriate time period would show you what you owe to the state or to the feds. The total withheld for federal income tax, social security and medicare, plus the employer match for social security and medicare, are remitted as one payment to the IRS - can be paid at a bank, with the proper form included. Read IRS publication 15, circular E http://www.irs.gov/pub/irs-pdf/p15.pdf for more info on federal deposits.

For state deposits, like unemployment comp and state withholding, rules are made by each state. Contact your state dept of labor and industry for more info on their requirements - contact info should be on your state website.