Using the Income Tax Summary Report

The QuickBooks tax reports are designed to help you or your accountant prepare your income tax return. The Income Tax Summary report displays a summary of your company's income and expenses with one line on the report corresponding to each line of your income tax return.

Select Accountant & Taxes from the Reports menu; then select Income Tax Summary.

The Income Tax Summary report is automatically compiled based on the previous calendar year. Click in the From and To fields to change the range of dates, if necessary.

Double-click any amount to see the detail of all the transactions that make up that amount.

Double-click the unassigned items to display the detail and either assign tax lines or verify that these should indeed remain unassigned.

Press Esc to close the report.