You marked this as being an international version, you need to check with your country income department to find out – much better to get legal information from the source.

In the US it would depends on the business tax type for the company.

Resolution for 'country income issue: 'How to account taxes paid for last financial year in this financial year?' available: Yes.

The country income 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 country income issue yourself by looking for a resolution described in the article. If it is a complex country income issue or you are unable to solve the issue, you may contact us by clicking here or by using other country income support options.

For more information about resolving issues related to country income in Quickbooks/QBO or to get support for the issue 'How to account taxes paid for last financial year in this financial year?', click the link below: