how to set up payroll for foreign taxes

I value your desire with managing foreign taxes, @INFO2142. I'll explain how QuickBooks handles this.

QuickBooks is designed to manage payroll taxes only within the same region as your account and does not support foreign taxes. You can manually create a specific tax account and record the transactions using a Journal Entry to record foreign taxes. For precise compliance with international tax regulations and guidance on setting up a tax account, it is advisable to consult your accountant.

Here's how to set up the tax accounts:
 

1. Go to Settings and select Chart of Accounts.
2. Click New.
3. Enter the Account Name.
4. Choose an Account Type and select Detail Type from the dropdown.
5. If applicable, check Make this a subaccount and select the Parent Account.
6. For Bank, Asset, Credit Card, Liabilities, or Equity accounts, enter the Opening Balance and the starting date in the As of field.
7. Add a Description for extra details about the account.
8. Click Save.

If you need help managing and filing taxes in a US state soon, refer to this resource: Set up QuickBooks Online Payroll to pay and file your payroll taxes and forms.

I'll be keeping an eye on this thread, @INFO2142. Feel free to post any questions or concerns about payroll taxes or QBO concerns. My team and I are here to assist you whenever you need help.