Income tax expense appears on the:

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Income tax expense represents the amount of taxes owed based on the taxable income of a business or individual during a specific accounting period. As such, it is a key component of the income statement, which reports revenues, expenses and net income for a given period. While tax returns may also include information about income taxes, tax expense itself is not reported on a tax return. And while taxes payable (i.e., the amount owed to tax authorities for the current period) are reported on the balance sheet, tax expense is a component of net income, which does not appear on the balance sheet. Finally, tax expense is not related to the stockholders' equity, which is a measure of the company's assets minus its liabilities.

Income Tax Expense Appears on The