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Hello there, @jp933,
The total Taxes and Licenses amount on the Profit and Loss report only displays the accumulated amount for Business Licenses and Property Tax categories.
However, the figures shown in the Transactions window right after clicking the dollar amount is composed of the following calculations:
- Business licenses
- Property tax
- Estimated taxes
- Federal tax
- Sales tax
- State tax
- Other taxes
You might want to review these transactions and see if it coincides to the actual expense balance.
To know more about the categories under Taxes and Licenses, refer to this article: Schedule C: Taxes and licenses.
Let me know what you find by clicking the Reply button below. I'm here if you need further help with anything in QuickBooks Self-Employed. Have a wonderful day!
