The Net Income & Taxes View is one of three Finance Module Views. You can access the Net Income & Taxes View from the Nav Bar under the Finances dropdown or, within the Finance Module, by using quick link 
in the Finance Title Bar.
The Net Income & Taxes View takes your entered Revenue and Expenses and uses them to create an Income Statement for your business. It then uses your Net Income to estimate the tax liability for your business.1
To create accurate estimates of your tax liability1, be sure to designate the settings appropriately:
- Choose your IRS filing status (Single or Married Filing Jointly)
- Adjust your Annual Household Income as appropriate
- Designate your business income as the primary income for your household, subject to deductions, or as supplemental income, taxed at your maximum tax rate
1The calculations provided are for illustrative purposes only and may not reflect your actual tax liability; many additional factors influence the amount of taxes owed. For personalized tax advice, consult a qualified tax professional.
