The accounting entries for the settlement of income tax are as follows:

I. Supplementary clauses:

Borrow: undistributed profits-repay enterprise income tax

Loan: Taxes payable-enterprise income tax

Second, when paying:

Borrow: Taxes payable-enterprise income tax

Loans: bank deposits

How to settle small-scale income tax

1. The final settlement of enterprise income tax is to adjust the total annual profit of the enterprise according to the annual accounting statements of the enterprise and the provisions of relevant tax laws and regulations. The total profit after tax adjustment is the taxable income of enterprise income tax, which is multiplied by the applicable enterprise income tax rate to calculate the enterprise income tax payable in the year. After deducting the enterprise income tax paid in advance by the enterprise, it will be refunded more and supplemented less;

2. The annual enterprise income tax bureau generally requires enterprises to issue a verification report on the final settlement and payment of enterprise income tax issued by tax agencies. If the enterprise makes its own settlement, the tax bureau may not recognize it and the tax bureau needs to check it;

3. For the final settlement of enterprise income tax, annual enterprise income tax return, verification report on final settlement issued by tax agency, annual accounting statement, value-added tax return (1-65438+February) and local comprehensive tax return (1-65438+February) shall be submitted.

Accounting treatment of paying income tax after final settlement? Generally speaking, we all know that enterprises usually choose quarterly or monthly methods to handle tax returns. If it is necessary to make up the tax after the final settlement, it is usually made up by the account of this year's profit. Related accounting entries can be processed through undistributed profits. More relevant information can be found on this website.