I'm here to ensure you're able to categorize a tax refund in QuickBooks Self-Employed (QBSE), @mschoedinger74. This way, you can effectively track your transactions and keep your account updated.
There isn't a specific category for a tax refund in QBSE. However, you may select the closest one which is the Taxes and licenses category. To know more about this, you can check out this article: Schedule C and expense categories in QuickBooks Self-Employed.
When you categorize a transaction, QBSE matches it to a line on your Schedule C form. With this, I'd also recommend consulting your accountant to keep your financial data accurate. This way, you're able to submit the right amount of self-employed taxes to the appropriate agency.
Whenever you're ready, here's how to add the tax refund transaction and assign the appropriate category:
- Go to the Transactions menu.
- Select Add transaction.
- Enter the Date, Description, and Amount of the refund.
- Proceed to the Category column and select the category.
- Click Save.
I've attached a screenshot below for your reference.
![82.PNG 82.PNG](https://quickbooks.intuit.com/learn-support/image/serverpage/image-id/65234iFE90F8D40ADAB599/image-size/large?v=v2&px=999)
Also, we rename existing categories in QBSE. This way, it'll be easier for you to categorize your transactions and organize your expenses accurately. You can learn more about this through this article: Categories in QuickBooks Self-Employed.
Let me know in the comments below if you have other tax concerns or inquiries about categorizing transactions in QBSE. I'm just around to help. Take care always.