QB Issue Resolution:
You are correct that this is a Draw, but you should use “arm’s length” and pay to Yourself. Then use Personal Check to pay personal taxes.
Yes, you paid Estimated = in advance of knowing what is owed = Prepayment ASSET for personal; the credit is Owner Funds.
Resolution for Issue 'Bookkeeping Entry for Draw to Pay Federal Taxes.' available: Yes (Solved).
Source: Intuit Community forum.
Bookkeeping Entry for Draw to Pay Federal Taxes.: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for bookkeeping
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Error Recovery for bookkeeping [Canada]
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