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How do I categorize a Foreign Tax Paid transaction?

ItzRav
ItzRav Member
edited January 6 in Investing (Windows)
Greetings. Running Quicken 2013 Deluxe. I just got my year-end mutual fund statement, and, for the first time, there are a few "Foreign Tax Paid" transactions. Each one shows 0 for shares, 0 for share price, and a positive net amount (dollars). I can't figure out how to record them in Quicken. From looking at the statement, it's clear that the Ending Balance on the statement is NOT affected by the net amount. I tried entering it in Quicken as a Misc Exp transaction, and while that correctly didn't affect the Ending Balance in Quicken, it did reduce the "Cash Balance" in the register (subtracting from it, resulting in a negative cash balance). I can enter it as a "Reminder" transaction, or I could not enter the transaction at all, but that doesn't seem quite right. I'd appreciate any advice. Thanks.

Answers

  • ItzRav
    ItzRav Member
    Sorry this ended up in the "Installing and Updating" area. I had meant to put it in the "Investing" section.
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