Quicken Community is moving to Single Sign On! Starting 1/22/21, you'll sign in to the community with your Quicken ID. For more information: http://bit.ly/CommunitySSO

Automate tax lot identification

I see multiple historical threads on this topic and a response that it was implemented. The implementation does not address the primary scenario which is when transactions are automatically downloaded. It would be helpful to have a master setting that could automatically set a certain tax lot preference. This would save the community hundreds of hours of going through and automatically selecting tax preference. If you have an account with many securities, selecting the tax lot preference for each one does not address the core scenarios.
0
0 votes

New · Last Updated

Comments

  • NotACPA
    NotACPA SuperUser, Windows Beta Beta
    Q defaults to FIFO if you haven't chosen another method.  Your brokerage also defaults to FIFO if you haven't instructed them differently.
    SO, what exactly would you change? 
    Q user since DOS version 5
    Now running Quicken Windows Subscription,  Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
  • Quicken_Tyka
    Quicken_Tyka Moderator mod

    Hello all,

    This Idea seems to have fallen stagnant and due to the Age of the request and lack of User Votes/Comments, will be archived within the next 7 business days.

    If you would like to see this Idea kept alive and considered for possible future implementation in Quicken, be sure to Add your Vote and a comment explaining how this Idea would be beneficial for you. More information, including steps to vote and how to submit your own Ideas for future product features/improvements, is also available here.

    Thank you,

    Quicken Community Support Team

    ~~~***~~~
  • Chris_QPW
    Chris_QPW Member ✭✭✭✭
    I see multiple historical threads on this topic and a response that it was implemented. The implementation does not address the primary scenario which is when transactions are automatically downloaded. It would be helpful to have a master setting that could automatically set a certain tax lot preference. This would save the community hundreds of hours of going through and automatically selecting tax preference. If you have an account with many securities, selecting the tax lot preference for each one does not address the core scenarios.
    Look at these answers, what is missing here?
    https://community.quicken.com/discussion/comment/20144455/#Comment_20144455
    https://community.quicken.com/discussion/comment/20067970/#Comment_20067970
    Signature:
    (I'm always using the latest Quicken Windows Premier subscription version)
    This is my website: http://www.quicknperlwiz.com/
Sign In or Register to comment.