Reinvested Dividends are not Taxable in Roth/Traditional IRA. But Quicken Increases Cost Basis?

My question is how Quicken treats reinvested dividends in Roth and Traditional IRA accounts. I'm pretty sure reinvested dividends in these accounts should not increase cost basis, since it is not taxable. Is there a way to make all reinvested dividends cost basis as 0? Or is there something that I am missing?

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  • f_stopblues
    f_stopblues Member ✭✭
    edited January 2020
    @q_lurker

    Yes, Fidelity does not increase cost basis for reinvested dividends in IRA accounts. I guess it would make sense if it did. I spoke to them earlier today, and apparently they are able to show an increase in cost basis for reinvested dividends, but they have to put in a manual work order to do so.> @q_lurker said:
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