Net Unrealized Appreciation
I can't figure out how to get Quicken to show the taxable income created when removing employer securities from a 401(k) account. For example, if you have $1000 market value of Apple stock, but it cost you only $250, you can remove it from the 401(k) and place it in a brokerage account. You would pay income taxes on the $250 in the year your remove it, then if you sell any of the stock later you pay capital gains on the sales price less the cost basis of $250. I can remove/add securities to get it from one account to the other, but the taxable income part has me baffled. Anyone out there have a simple solution, so I can have a "DOH!" moment? Thanks!
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