How do I make two main categories for EXPENSES in order to distinguish taxable and personal, as I use QBO for my personal acctg so that all expz fall in one of the two?

Thanks for taking the time to post here on the Community, posner-rick

Categorizing your expenses in detail is a great way to keep your bookkeeping on top.

QuickBooks Online offers you to set up sub-accounts under parent account so that you can break down your expenses into details. I'll show you how to do it.

Here's how:

1. Go to Settings and select Chart of Accounts.
2. Click New.
3. Choose the account type and detail type. 
4. Select Is sub-account and then enter the parent account.
5. Give your new sub-account a name and add a description if possible.
6. Select a When do you want to start tracking your finances from this account in QuickBooks option. Note: Only some account types need this, like a bank, credit card, asset, and liability. If you need help, you can learn more about opening balances.
7. Select Save and Close.

For additional information, here's our detailed guide on how to create sub-accounts in your chart of accounts in QuickBooks Online.

These steps are sure to help you keep track of your expenses the way you want them to be.

Please keep me posted if there's anything else you'd want to accomplish in QBO. I'd be happy to keep helping.