Tax Exempt Personal Expense Categories

Chris Harris

Greetings,

This Idea is based off a Question Post...

https://community.quicken.com/discussion/7863787/tax-exempt-personal-expense-categories#latest


Lets say I go to a store and the bill is...

• $10 for "Groceries"
• $5 for "Diapers"
• $5 for "Home Goods"
• $1.40 for sales tax

When I look at the receipt and create my split, it leaves the $1.40 left waiting to be categorized.  I click Allocate > Distribute proportionately between all other split lines.




 

The problem, I want Quicken to split the tax between "Diapers" and "Home Goods", but NOT "Groceries" since that one's mostly tax exempt.

My idea, which I'm sure is not new, is to add a Tax Exempt flag to the edit screen for Category.  Then, when you click "Allocate" it would distribute the tax between all the categories that weren't marked as Tax Exempt.

The alternative work-around are just that; work-arounds.



Thanks for the consideration.  Please vote this up!

Quicken_Natalie

Hello Chris,

Thank you for bringing this product enhancement Idea to the Community!

I went ahead and turned this post into an Idea thread so that other users are able to vote on it.

Be sure to also add your vote by clicking on the gray triangle right above the current vote count, located in the blue box at the beginning of this thread:



Thank you,

Quicken Natalie

Chris Harris

Thank you Quicken Natalie.