The information in your Tax Profile allows Wave to calculate the employer portion of payroll tax liabilities and remind you when tax payments are due.
Why can’t I edit my federal taxes?
Why can’t I edit my federal taxes?
If you have approved a payroll, you cannot edit your Federal EIN. If your business receives a new Federal EIN due to restructuring, you must create a new business in Wave.
If you have fully completed a section of your Federal business tax profile, you cannot update it. To request an update, open Mave, Wave’s automated chatbot, and request a Support Agent. Provide the tax details you need to be updated.
Edit state account numbers
To edit your state tax account numbers in your business tax profile:
- At the top right corner, click your business name, then Business settings.
- In the Settings menu, under Payroll, click Tax Profile.
- Click Edit to the right of the state tax.
- Select Edit next to the applicable section. Ensure the numbers you enter are formatted correctly, as the format varies by state. Reach out to your state or refer to any documentation from the state that shows how the number is formatted.
- Edit the information, then click Next.
Edit tax rates
If one of your tax rates has changed, add a new rate in your business tax profile. To add a new rate:
- At the top right corner, click your business name, then Business settings.
- In the Settings menu, under Payroll, click Tax Profile.
- Click Edit to the right of the state tax.
- Under the applicable tax rate, click + Input additional value.
- Enter the new rate and the effective start rate, then click Next.
Your new tax rate will save and begin on the entered effective date.
To view your history of tax rates, under the applicable state tax rate, click View all.