Any positive transaction (deposit) you mark as Business is considered business income. Business income is part of the calculations we do for estimated taxes, so it should only include money that comes from your self-employed work.
Generally, this is gross receipts or sales, including amounts reported on 1099 forms […]
Resolution for 'business bank accounts issue: 'Income – Business income' available: Yes.
The business bank accounts 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 business bank accounts issue yourself by looking for a resolution described in the article. If it is a complex business bank accounts issue or you are unable to solve the issue, you may contact us by clicking here or by using other business bank accounts support options.
For more information about resolving issues related to business bank accounts in Quickbooks/QBO or to get support for the issue 'Income – Business income', click the link below: