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NYS45 updates

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Eric Loyd
2025-01-16 10:52:41 -05:00
parent 483d1d19ef
commit 2ed6ac59ae
1 changed files with 15 additions and 6 deletions
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Payroll-Liabilities.md
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@@ -74,7 +74,6 @@ Bitnetix:
* Trade Name: SmartVox * Trade Name: SmartVox
* Address: PO Box 180, Walworth, NY 14568 * Address: PO Box 180, Walworth, NY 14568
##### Line Items ##### Line Items
* 1a - NY * 1a - NY
@@ -87,15 +86,27 @@ Bitnetix:
* 11 - Enter from Schedule A * 11 - Enter from Schedule A
* 12-15 - Do the math * 12-15 - Do the math
* Part 5 (lines 16-17) will likely be blank * Part 5 (lines 16-17) will likely be blank
* Schedule A: Enter the appropriate amount in the NY box, do the math, and carry back to line 11 * Schedule A: Enter the appropriate amount in the NY box, do the math, and carry back to line 11
Print double-sided (only pages 1-2) and mail to:
Department of the Treasury
Internal Revenue Service
Kansas City, MO 64999-0046
**Form 940 is paid via EFTPS.** **Form 940 is paid via EFTPS.**
### EFTPS ### EFTPS
Log in to EFTPS (start with login.gov user eric@bitnetix.com, [you'll need access to 585-259-3742 SMS] then login with 26-4029404, PIN is in KeePass) and pay the amount just calculated from the 941 in the previous step. For 941, this is a "Federal Tax Deposit" and you will need the numbers from the 941 in front of you. Log in to EFTPS at https://login.gov
* Bitnetix: eric@bitnetix.com, EIN: 26-4029404
* EWG: eloyd@everwatch.global, EIN: 47-5330323
You'll need access to Google Authenticator app on Eric's phone (see other information on how to get that access). You may also need SMS access to 585-259-3742. EFTPS PINs and passwords are in KeePass.
Pay the amount just calculated from the 941 in the previous step. For 941, this is a "Federal Tax Deposit" and you will need the numbers from the 941 in front of you. Repeat for 940 payment if needed. Generally, I choose a settlement date that is a few days before the end of the month. EWG will likely need to adjust payroll liabilities in QB to make it match with what the math works out to be on the forms.
--- ---
@@ -105,9 +116,7 @@ Log in to EFTPS (start with login.gov user eric@bitnetix.com, [you'll need acces
Go online to <https://www.tax.ny.gov/bus/ads/efile_addnys45.htm> and log in to web file. It make take a few pages to get there. Username is er1cl0yd and Firefox/KeePass knows the password. You may need to start a private browser window or clear cookies to get the thing to log in properly. Go online to <https://www.tax.ny.gov/bus/ads/efile_addnys45.htm> and log in to web file. It make take a few pages to get there. Username is er1cl0yd and Firefox/KeePass knows the password. You may need to start a private browser window or clear cookies to get the thing to log in properly.
Click on "File NYS-45" and select the correct quarter and year. Select "Withholding Tax" and then click on "File NYS-45" and select the correct quarter and year. Follow the instructions, moving through the form, using data from the QB Payroll Summary for Last Calendar Quarter report. In this case, we need employee-specific numbers as well as the totals. You can at least "Load Data From Previous Return" to save some typing. EWG will likely need to payroll liabilities in QB to make it match with what the math works out to be on the forms. Don't forget to save the form before exiting, or else it won't be there for a few days!
Follow the instructions, moving through the form, using data from the QB Payroll Summary for Last Calendar Quarter report. In this case, we need employee-specific numbers as well as the totals. You can at least "Load Data From Previous Return" to save some typing.
Note that this needs to be done for both Bitnetix (er1cl0yd) and EWG (everwatch). Note that this needs to be done for both Bitnetix (er1cl0yd) and EWG (everwatch).