How do I get a report of transactions from my bank AND credit cards by category for taxes

PastorLMA

I just started downloading credit card transactions from credit card site. What a saving of time BUT now I'm trying to get a summary of transactions by category for my tax preparation. I have not found the magic for getting a report to include BOTH credit card and bank transactions for last year. Am I asking for the impossible? Thanks. PastorLMA

Frankx

Hi @PastorLMA,

It's actually pretty easy and there are a few different ways to do it, depending on which information you want to collect.

For example, there are tax reports that focus mostly on income, deductions, and capital gains/losses  Then there are spending reports that you can print by catagories, payees or tags.  And for any reports, you can select the Gear icon on the report screen to select which accounts you want to include.

Start by selecting "Reports" > "Tax" and then select a type...

Then look at "Reports" > "Spending" and select a type...

You'll see a lot of possibilities.  Get back yo us if you need more specific information/help or if you have any additional questions.

Franxk

Frankx

Hi @PastorLMA,

It's actually pretty easy and there are a few different ways to do it, depending on which information you want to collect.

For example, there are tax reports that focus mostly on income, deductions, and capital gains/losses  Then there are spending reports that you can print by catagories, payees or tags.  And for any reports, you can select the Gear icon on the report screen to select which accounts you want to include.

Start by selecting "Reports" > "Tax" and then select a type...

Then look at "Reports" > "Spending" and select a type...

You'll see a lot of possibilities.  Get back yo us if you need more specific information/help or if you have any additional questions.

Franxk

PastorLMA

Thank you, Franxk.
It's funny. When I ask for a report from last year, it doesn't include charge accounts even though I checked it as you directed. But for a the current year, it will include. Only started downloading directly from charge last November, but I know I had some medical bills paid via charge but not showing up on 2019 report. So I've download a report of those 2019 credit card charges seperately and will just have to total myself for this run. Hopefully it will do it for 2020.
Thanks for your help. Pastor LMA