If you've sent a payment via PayPal and need to cancel it, it's important to act fast. Here is how to cancel a PayPal transaction: 1. Log in to your PayPal account. 2. Go to 'My PayPal'. This can be found in the top right corner of the screen. 3. Click on 'Activity' at the top of the page. 4. Locate the payment you wish to cancel. 5. Click on the payment to open up the transaction details. 6. If the transaction is eligible for cancellation (i.e., it hasn't been claimed by the recipient yet), there will be a 'Cancel' button at the bottom of the transaction details. 7. Click on 'Cancel' and follow the prompts to confirm the cancellation of the transaction. If you do not see the 'Cancel' option, this means the payment has already been claimed, and you will need to reach out to the recipient directly to request a refund. Please remember, canceling a PayPal transaction does not automatically mean that you have adjusted your payments for the FUTA rate for 2022. So, ensure to double-check your payment summary on PaystubsNow to make sure all is in order.