How do I categorize a tax refund?

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:

1. Go to the Transactions menu.
2. Select Add transaction.
3. Enter the Date, Description, and Amount of the refund.
4. Proceed to the Category column and select the category.
5. Click Save. 

I've attached a screenshot below for your reference.

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.