Multiple mutual fund accounts and owners

funkws

Can I combine my mutual fund accounts and my wife's in the same quicken file? They are at the same company.

NotACPA

Most definitely.  My Q data file holds my brokerage account, my Rollover IRA, my wife's brokerage account, her Rollover IRA, her 403b account, her 403b from a former employer and my annuity account.  That's in addition to various credit card accounts (some her's, some mine)

That they're at the same company isn't necessary. Among the accounts that I just cited, there are 4 different investment firms.

You just need to set them up, in Q as separate accounts.  Q should always mirror the real world.

NotACPA

Most definitely.  My Q data file holds my brokerage account, my Rollover IRA, my wife's brokerage account, her Rollover IRA, her 403b account, her 403b from a former employer and my annuity account.  That's in addition to various credit card accounts (some her's, some mine)

That they're at the same company isn't necessary. Among the accounts that I just cited, there are 4 different investment firms.

You just need to set them up, in Q as separate accounts.  Q should always mirror the real world.

Greg_the_Geek

Or do you have 2 Quicken that you want to combine into 1?

Jim_Harman

One caveat: It is best to maintain a separate Quicken file if the other person (a parent for example) files taxes separately or if there are any confidentiality issues between the people.

funkws

Thanks for the responses. No, there are not two Q files to combine - I have not set up my wife's IRAs yet. And since we file jointly, there are no issues with combining the data. The combined data should mirror our monthly statement, which lumps everything together for us.

Jim_Harman

OK, then there should be no problem setting up both accounts in the same Quicken file. If her accounts have different login credentials, you will supply them in the process of setting up the online access.

Back up your data file just before attempting the setup, just in case.

Make sure you make the right choice during the setup - Link the accounts if they are already set up in Quicken or Add them if they are not already set up or Ignore them if you do not want to track them in Quicken.