Limited time. 50% OFF QuickBooks for 3 months.

Buy now & save
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Get unlimited expert tax help and powerful accounting in one place. Check out QuickBooks Online + Live Expert Tax.
Hunt4Sun
Level 1

Excise tax

How do I add excise tax for indoor tanning and pay through quickbooks? It’s form 720

2 Comments 2
FishingForAnswers
Level 10

Excise tax

Also interested in this, but doubtful that it is offered.

 

I've always had to handle this form outside of QB, at any rate.

ArielI
QuickBooks Team

Excise tax

Hello there,

 

Please note that QuickBooks Self-Employed doesn't support excise tax calculations specifically for indoor tanning services. Let me explain this further for you.

 

Since this is unavailable, it's important for you to seek guidance to ensure they are adhering to all relevant tax laws and regulations. For accurate and thorough reporting of the excise taxes related to indoor tanning services, it is highly advisable to refer directly to the Internal Revenue Service (IRS) guidelines. These guidelines provide detailed information on how such taxes should be calculated, reported, and paid.

 

Additionally, you can run reports to get your federal estimated quarterly tax payment and annual tax info. You can refer to this article: Get quarterly and annual tax info from QuickBooks Self-Employed.

 

In case you need further help with filing other taxes or managing transactions in QBSE. Please don't hesitate to click the Reply button, and we'll respond to you as soon as possible.

Need QuickBooks guidance?
Log in to access expert advice and community support instantly.

Need to get in touch?

Contact us