How do you record income tax payment

Hello zimmjoa,

Welcome to the QuickBooks Community! This is a great resource for learning the ins and outs of QuickBooks Online and the ways that you can record various transactions. I can help you with recording your income tax payments by pointing you in the right direction.

QuickBooks Online gives you the opportunity and comes with modules to record a few different kinds of taxes, namely payroll tax and sales tax. Income tax is a bit different, and there isn't currently a module in the program with set ways to record transactions related to it. The same can be said of corporate tax if that's what you mean as well.

Because of that, I recommend consulting an accountant. An accountant that knows QuickBooks Online in particular will be a great asset here as they'll know how to approach it from an accounting perspective and how to record it using the features available in the program. It may be as simple as recording your payment as an expense transaction, but there may be other options they'd advise, such as a journal entry.

Use the My Accountant tab in QuickBooks Online to connect with an accountant. You can invite one you're already working with as a user to have access to your books, or you can use the Find a pro to help button to research QuickBooks Online-certified professionals near you.

If you'd like to share feedback about any of this with out team, feel free to do so using these steps: How do I submit feedback? Comments are forwarded to the product development team for consideration, and you can see what's new in the program by bookmarking this page: QuickBooks Online Feature and Product Updates

Take care and have a great week!