What if the tax withheld in the Tax Planner is too high?

You may have categorized a tax payment using the same category that you use for taxes withheld. Recategorize tax payments to their own special category; for example, Tax Paid. Don't assign payments to a tax schedule.

Assigning a tax payment to the same category as taxes withheld is a common error. Tax payments should be assigned to a unique non-tax category.

You can quickly find payments that may have been assigned to the wrong category viewing withholding transactions from the Tax Planner Details page.

Recategorize any transactions where you have tax payments categorized as tax withheld.

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Tip: To find out which version of Quicken you are using, open Quicken go to Help menu and select About Quicken.