Tax Reports only show Unspecified Business Expense Category

When entering transactions for my business into Q' I use multiple Tax Line categories, like Schedule C:Meals and entertainment, Schedule C:Other business expenses, etc.   

When I create a Tax Schedule, Tax Summary, or other similar reports, all my business transactions are listed under the Schedule C portion of the report, but the only total shown is for **Unspecified Business Expense**. 

Not only does this prevent importing these transactions into TurboTax,  I'd like to see subtotals for each category under Schedule C in the report.  

Comments

  • UKR
    UKR SuperUser ✭✭✭✭✭
    Are these transactions tagged to the appropriate Business Tag which you set up for your business?
    If not tagged, is the business marked as the "Default Business" in Business / Manage Business Information?
  • FlyerFran
    FlyerFran Windows Beta Beta
    Eureka!!!  Thanks to @UKR I now have my Tax Reports working like they're supposed to.  Although I had set up Business Tags, I never used them when entering transactions in Q'.  I also had left all my businesses unchecked in the Business/Manage Business Information setup.  

    BTW, I used the Find/Replace option to add the appropriate Business Tag to all my transactions.  Now I have the Schedule C report for Taxes.

    I now know why @UKR is a SuperUser.   
  • Tim Strigenz
    Tim Strigenz Member ✭✭
    I am having the same problem, but I'm not as savvy as FlyerFan or @UKR Maybe @UKR can help.

    I have a rental property. Under the category list, I have "Rental Property Expenses" and all the appropriate subcategories.

    I would like to have, for example, the water bill (which I pay for) be a Schedule E: Utilties, but rather they keep coming up as Schedule E: Unspecified Rental Expenses, instead of Schedule E: Utilities. How do I fix this? BTW, I am not savvy! So if you could dumb down the process, I would be most appreciative!
  • Tim Strigenz
    Tim Strigenz Member ✭✭
    @UKR, I think I figured it out. I had tagged the water bill transaction under the LLC that owned the property. Once I changed the tab to the rental property itself, it switched over to Schedule E: Utilities. Is this the correct way to report this for tax purposes and ease end-of-the-year reporting?
  • UKR
    UKR SuperUser ✭✭✭✭✭
    @UKR, I think I figured it out. I had tagged the water bill transaction under the LLC that owned the property. Once I changed the tab to the rental property itself, it switched over to Schedule E: Utilities. Is this the correct way to report this for tax purposes and ease end-of-the-year reporting?
    I would say so, yes. Keep an eye on it, to be on the safe side.