Quicken Mac 2019 Tax Exempt Dividend / Interest on Reports

Ploooplooo

Unknown

Yes that is corect and I tried to fix it and could not find a fix. 

Quicken_Tyka

Hey Ploooplooo,

It sounds like you may be using one of the built-in options that designate this transaction as a schedule B.

 

According to Quicken, a Schedule B is taxable.



I created a new category and made sure Tax related was unchecked.



I then changed the Dividend transaction to a payment/deposit and this keeps the transaction off the report as it doesn't include a tax schedule.



I didn't find an appropriate tax schedule for this to have, if you needed this shown on the Tax schedule I would consider using the 'Unassigned Tax Item' option.



Hope that helps!

-Quicken Tyka

Quicken_Tyka

Quicken Tyka said:

Hey Ploooplooo,

It sounds like you may be using one of the built-in options that designate this transaction as a schedule B.

 

According to Quicken, a Schedule B is taxable.



I created a new category and made sure Tax related was unchecked.



I then changed the Dividend transaction to a payment/deposit and this keeps the transaction off the report as it doesn't include a tax schedule.



I didn't find an appropriate tax schedule for this to have, if you needed this shown on the Tax schedule I would consider using the 'Unassigned Tax Item' option.



Hope that helps!

-Quicken Tyka

Hey RickO,

Yes, so this could potentially require quite a bit of editing to pull off.

It does seem to be a common function that should be available or listed.

I would still encourage the OP to 'Report a Problem' that this function isn't readily available. 

-Quicken Tyka

John Prewitt

No need to add a new Category.  Change the Transaction to Payment/Deposit and use the .Div Income NT category.