How to enter US federal tax withheld on interest income from a matured US Savings bond?
Options

Skorcher
Quicken Windows 2017 Member
Currently I am entering the maturity of my US savings bonds on two entries - one for the principal and the second for the amount of accrued interest income. I chose to have 25% of the interest income withheld for US federal income tax. Quicken has no option for entering this. I could call it Misc Expense, but that won't help me come tax time next year.
0
Best Answer
-
If you would like to use Quicken to track the withholding, I suggest you use category associated with the Schedule B:Fed Tax w/h, interest income tax line.0
Answers
-
If you would like to use Quicken to track the withholding, I suggest you use category associated with the Schedule B:Fed Tax w/h, interest income tax line.0
Categories
- All Categories
- 27 Product Ideas
- 29 Announcements
- 198 Alerts, Online Banking & Known Product Issues
- 19 Product Alerts
- 755 Welcome to the Community!
- 623 Before you Buy
- 1K Product Ideas
- 50.9K Quicken Classic for Windows
- 15.7K Quicken Classic for Mac
- 996 Quicken Mobile
- 789 Quicken on the Web
- 101 Quicken LifeHub