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Assigning Tax Lines

If you plan to use QuickBooks to help prepare your company's income tax forms, you must assign a tax line to each of your company's accounts. You can assign tax lines as you set up your accounts, or you can open a chart of accounts report, see which accounts are unassigned, and assign tax lines to all your accounts at once.

Assign a Tax Line When Setting Up a New Account

Pres Ctrl+A to open the Chart Of Accounts.

Select New from the Account menu, or press Ctrl+N.

Enter appropriate information to set up your account.

Click the arrow to view the list of tax lines.

Did You Know?

Tax lines vary depending on the tax return you file. When you selected your company's tax form, QuickBooks loaded the tax lines that apply to that particular form. Different companies see different tax lines on the drop-down list.


Click the tax line that is appropriate for this account.

Click OK.


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