47 CFR § 32.4070
Income taxes—accrued
February 16, 2021
(a) This account shall be credited or charged and the following accounts shall be charged or credited with the offsetting amount of current year income taxes (Federal, state and local) accrued during the period or adjustments to prior accruals: 7220 Operating Federal Income Taxes, 7230 Operating State and Local Income Taxes, 7400 Nonoperating Taxes, 7600 Extraordinary Items.
(b) If significant, current year income taxes paid in advance shall be reclassified to Account 1280, Prepayments.
[67 FR 5689, Feb. 6, 2002]