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ray50
Level 1

My January estimated federal tax payment for 2021 is not reflected on my self employed QuickBooks tax summary, how do fix this?

 
2 Comments 2
LieraMarie_A
QuickBooks Team

My January estimated federal tax payment for 2021 is not reflected on my self employed QuickBooks tax summary, how do fix this?

It's important to ensure everything reposts correctly, @ray50.

 

It's possible that the Federal Estimated Taxes category isn't selected on the transaction. This is why no payments are showing up on the Tax Summary report. Let's locate the payment and change the account category by following these instructions:

 

  1. Go to the Transactions page.
  2. Filter the date to show transactions last January.
  3. Select the payment.
  4. Click the account link under the Category column.
  5. Search and select the Federal Estimated taxes option.
     

Here's a sample screenshot for a visual guide:
Capture.PNG

 

Once done, go back to the Tax Summary report and check to see if the payment is displayed. I'm also adding this article for reference: Manually add transactions in QuickBooks Self-Employed.

 

Feel free to come back should you need further assistance in tracking your self-employment taxes. We're always here to help. 

LieraMarie_A
QuickBooks Team

My January estimated federal tax payment for 2021 is not reflected on my self employed QuickBooks tax summary, how do fix this?

Hi @ray50 ,

Hope you’re doing great. I wanted to see how everything is going about categorizing estimated federal tax payment. Was it successful? Do you need any additional help or clarification? If you do, just let me know. I’d be happy to help you at any time.

Looking forward to your reply. Have a pleasant day ahead!

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