I appreciate you for setting up payroll in QuickBooks Online (QBO) for the next tax year, tracey. You were asked to run payroll due today since April 5, 2025, is still part of the previous tax year period. Let's get into the details.
You can startrunning payrollon April 6 since the new tax year starts from April 6, 2025, to April 5, 2026. You can update this from thePayroll Settings. Here's how:
Go to theGear iconand selectPayroll Settings.
Click theEditicon from theActive tax year.
From theSet active tax yearpage select the new tax year option.
SelectSave.
Additionally, check out these articles to gather ideas on managing employees' paychecks better while maintaining accurate financial records: