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July 21, 2021
Question

Client receives non taxable grants that need to be included on Line 101. How can I manage what is included on Line 101 of the Filing Sales Tax module?

  • July 21, 2021
  • 1 reply
  • 0 views
I know that I can simply pull a profit and loss report to determine the total income that should be reported on Line 101 but would like to have the Filing Sales Tax module 100% accurate if possible.

1 reply

July 21, 2021

Hello karin16,

 

I appreciate you taking the time to connect with us here. I'm happy to learn you're using the powerful tax module in QuickBooks to manage your taxes. The program is designed to help you save time and I'll be glad to help make sure that happens. 

 

Line 101 includes all the transactions with tax codes created on your account. You can review the transactions that make up the Line 101 total by following the steps below:

  1. Navigate to Taxes from the left menu
  2. Click on Sales Tax.
  3. Under ACTION, select the Prepare return drop-down menu.
  4. Select View summary.
  5. Click the amount under the Total column of your Line 101.

From here you can edit the existing transactions making up the Line 101 total or you can delete them. Give this a try and let me know if the info helps. I'm here to help you achieve your QuickBooks goals. Feel free to reach back to me in the comments below if you need anything.