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May 31, 2019 · Trying to figure out the best category for software,cloud expenses, website hosting, etc. Seems like these would be a pretty standard expenses in 2016 for my business and can't find it in any of the examples!
Apr 1, 2024 · If you use QuickBooks Online, there’s no need to import your info. You can do your taxes directly inside QuickBooks, without signing into TurboTax. If you use QuickBooks Solopreneur, follow these steps to file personal self-employed taxes. If you use other QuickBooks Online products, follow these steps to file business taxes.
Mar 9, 2020 · To import QuickBooks into the TurboTax Home & Business CD/Download software, see this article instead. To import QuickBooks into TurboTax Online Self-Employed, see this article instead. Right after you begin a new return in TurboTax Business, we'll ask if you used QuickBooks in 2019. Answer Yes and follow the onscreen instructions.
Oct 1, 2024 · I was also asked to pay extra to level up to add 1099-MISC forms which I think I didn't have to in the past. Now I'm being asked to pay to level up again just to add income that was not reported to me on a 1099 form.
Feb 29, 2024 · QuickBooks Ledger. The rabbit-out-of-the-hat conference announcement came in the form of QuickBooks Ledger, a new QuickBooks Online plan sitting below the current Simple Start subscription – perhaps designed with half an eye on the current Making Tax Digital for income tax self assessment mandation date.
Nov 3, 2021 · “We can’t [update] QuickBooks Desktop [so often], but we can with QuickBooks Online - we can develop features fast and roll out changes incredibly quickly, and then iterate.” In essence, Intuit made a choice between devoting resources to supporting QB Desktop in the UK or developing local compliance functionality to manage Making Tax Digital for income tax (ITSA).
May 9, 2024 · “For firms with 90% of clients on QuickBooks but with the remainder on other tools, this is a great opportunity to bring them into the QuickBooks ecosystem,” said Patrick. “You can continue to support them on other software but when it comes to preparing accounts, a Ledger licence allows you to import a trial balance into QuickBooks from other software.
It lets you access all Intuit products, including TurboTax and QuickBooks, through a single account. For example, this means you need only one User ID and password. When you update your Intuit account information, it'll be updated across all products you use so you won't need to update account information in each separate product.
Dec 5, 2021 · In QuickBooks, go to the Chart of Accounts and edit the account being used to book the officer compensation. Where it says "Tax-Line Mapping, change that tax line to be "Payroll - Officers" or something similar. Updating QuickBooks will fix the import for next time. In TurboTax - you do not need to re-import all the info again.
Nov 19, 2000 · I use QuickBooks Accounting Ver 5.0 for running a small business. For the first time we have to pay Corporation Tax but I'm not sure how to show the payment in QuickBooks. I realise that it is not an expense but "an appropriation of profits", so presumably I don't show it in an expense account - but where should it be shown?