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dean19
Level 1
posted
‎June 12, 2021 05:11 AM
last updated ‎June 12, 2021 5:11 AM

How do i record my 2020 Federal

Do I categorize them as an expense under "Taxes and Licenses" or is there a preferred way to record these payments? Thanks
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1 Comment 1
Rustler
Level 15
‎June 12, 2021 08:50 AM

How do i record my 2020 Federal

Would be nice if you specified what taxes you are asking about

 

taking a guess that this is estimated taxes, it is not a business expense it is an equity draw

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