How do I create this report?
Go to the Reports menu, choose Accountant
& Taxes, and then click Income Tax Preparation.
This report helps you prepare federal income taxes. The
report shows the tax line assigned to each account in your chart of
To display the details of any of the accounts listed, double-click the
Note: Accounts with zero balances do not display in this report.
Tips for ProSeries users: The income tax preparation report
is designed to work smoothly with ProSeries, consolidating the information
previously found on balance sheet reports and profit & loss reports.
To make the auditing of your client's information easy, view the
QuickBooks Import window in ProSeries and the Income Tax Preparation report in
QuickBooks. Then compare the information on both reports to ensure that your
client's QuickBooks data is importing correctly.
Initially this report covers the last full tax year. You can change the
coverage of the report by choosing a different date range from the Dates
Getting the most out of a
Memorizing a report
Assigning tax lines to accounts