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April 18, 2023
Question

How do I record an income tax refund

  • April 18, 2023
  • 1 reply
  • 0 views
I received a refund on my corporate income taxes.  How do I record this?

1 reply

April 18, 2023

Hi jsmith-altaconsu,

 

I appreciate you reaching out for guidance with your corporate income tax refund.  QuickBooks Online enables you to enter payments and refunds, so your records are accurate and up to date.  However, I suggest speaking with an accounting professional for the best course of action.  If you don't have an accountant, follow this link, to locate a ProAdvisor in your local area.

 

If you have any other questions, please feel free to reach out again.  We'd be glad to help!