How should I enter a tax-free bond issued by a university?
Swampdude
Member ✭✭
I have a bond issued by a state university that pays 4% a year. I receive checks twice a year. How should I set it up in Quicken? Would it be considered a Municipal Bond? I'd appreciate any guidance.
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Best Answer
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I suspect it's a municipal bond. After you create the security, I suggest you edit the security details and check Tax free., enter your holding (Bought or Added), and schedule the interest payment using an income reminder.5
Answers
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I suspect it's a municipal bond. After you create the security, I suggest you edit the security details and check Tax free., enter your holding (Bought or Added), and schedule the interest payment using an income reminder.5
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