Community Homepage
Discussions
Categories
Quicken for Mac
Quicken Lifehub
Quicken Mobile
Quicken on the Web
Quicken for Windows
Support
Quicken Classic
Quicken Simplifi
Getting Started
Community Training FAQs
Using and Improving the Community
Announcements & Alerts
Announcements
Alerts, Online Banking & Known Product Issues
Product Ideas
Connect and Engage
The Community Meetup
The Water Cooler
The Lounge
Beta
Home
Quicken Classic for Mac
Investing (Mac)
Vanguard 401k Fee Transactions Not Downloading
jsurpless
I just noticed that Quicken is not downloading any fee transactions from my Vanguard 401k account for 2020... it's always done and marked it as 'Remove Shares w/ Memo of Investment Expense'
Why would this be happening this year?
Find more posts tagged with
Accepted answers
All comments
MangoMan
When you say "it's always done..." - Do you mean you get a downloaded transaction from Vanguard?
Also this is worth reading depending on if you itemize for taxes and the total of all your investment expenses.
https://finance.zacks.com/administrative-fees-retirement-plans-tax-deductible-8136.html
jsurpless
>
@MangoMan
said:
> When you say "it's always done..." - Do you mean you get a downloaded transaction from Vanguard?
Yes, it's been doing it since 2017 which I believe is when I first started downloading from Vanguard with Quicken
Chris_QPW
@jsurpless
Quicken doesn't "pick" the transactions that get downloaded, especially not for investment accounts, which have to be Direct Connect.
Quicken makes a request for transactions giving a date and that is all, from the financial institution. What the financial institution sends is up to it. If it is failing to send certain transactions, that is a problem that only the financial institution can resolve.
Now if the transactions are coming down, but Quicken Mac is recording them incorrectly there is two possible causes. One is again the financial institution is sending the wrong information (there is an action type in the transaction). Or Quicken Mac is interpreting the action type incorrectly. This second part possibility is unlikely because it would affect a lot more people. And on the first possibility again it goes back to the financial institution to fix. The OFX logs would be used to pin down the exact problem.
jsurpless
OFX logs? Where can I find these? How would I work with Vanguard to resolve this?
lhossus
Quicken for Mac logs can be accessed from Help > Show Logs in Finder
Open the OFXLog.txt file in any text editor.
Alternatively, you may be able to download an OFX file from the Vanguard website. While not guaranteed to match what is being sent to Quicken, in might be instructive as to where the problem lies - and may be easier to make sense of initially than the OFXLog.txt
jsurpless
Hmmmm, just did an OFX download and the Fee transactions added correctly...
I'll have to reach out to Vanguard, I guess and see what they have to say
Quick Links
All Categories
Recent Posts
Activity
Unanswered
Best Of
