Hidden Categories

If I hide a category, should I move the money first? For example, I was working as a contractor and had to reserve money for tax withholdings, I've recently been made a full-time employee and I've hidden the category with the tax money in it. The money obviously still exists, but do I just need to remember I've put it there for when tax time rolls around in April 2021 and unhide it then?

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  • I would just move it way down in the list of categories. The less I have to remember, the better.

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  • Upon further thought, you should be making estimated tax payments several times during the year. If you wait until next April, you may get hit with penalties.

    Consider sending it in now and then hiding the empty category.

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  • Good thought! I'll ask the lovely man who does our taxes about this.

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