Q&A: Which tax line should I use for my truck loan payment?
Question by Jennifer G: Which tax line should I use for my truck loan payment?
I am using quickbooks 2008
It is under tax line mapping. Should it be listed under schuedual C as car and truck expense or something different
Best answer:
In Quickbooks you have a drop-down list of available tax lines. Scroll down and select Balance Sheet or B/S: Notes payable. You don’t really need a tax line to set up the account.
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