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Welcome to the QuickBooks Community, @nayiseher. I'm here to help reduce the same amount of the deferred tax liability from the amount of your profit and loss data.
To resolve this, you'll need to create a journal entry in QuickBooks Online (QBO). Then, to ensure you record everything accurately, I highly suggest reaching out to your accountant. They can guide you in selecting the correct account for the transaction. For reference, feel free to check this article: Evaluating deferred tax assets and liabilities.
I've also added this awesome link that will further discuss information about deferred tax liabilities: Understanding Deferred Tax Assets and Liabilities.
You may also want to browse our QuickBooks Help page to look for resources and guides in performing your QBO tasks.
Please let me know how this goes. I'd appreciate any details or update you can add. If you have any other follow-up questions about managing taxes in QBO, don't hesitate to post them here. Have a great day ahead and take care.
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