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I got you cover, @denizgereccimd.
I have some information about estimated tax payments. These tax payments are personal, they aren't a business expense. You'll want to consider using the Owner's Draw or the Equity account. I'd still recommend contacting your accountant to make sure your book is accurate.
If you haven't set up an account yet, here's how to do it:
- Go to Accounting, then select Chart of Accounts.
- Tap the New button. Choose Equity as your Account Type, pick Estimated Taxes in the Detail Type drop-down.
- Enter the account details.
- Click Save and Close.
With the above steps, you should be able to categorize your estimated tax payments.
In case you need help with other tasks in QBO, feel free to click this link here to go to our general topic with articles.
Drop a comment below if you still have questions or concerns with tax payments. I'll be around to help. Take care and have a lovely day ahead.