Bank transfer from brokerage account showing as realized gain with lower amount than xfer? (Q Mac)
I initiated a bank transfer of $1,000 from brokerage money market fund to my personal checking account. When reviewing my current month Category Summary report it shows a realized gain of $741. My understanding is that this transaction should not show as a realized gain, but as a transfer.
Brokerage account detail shows (Date, Type, Security, Desc/Category, Invest Amt, Amount:
8/18/21, Sell, Money Market, 1,000 shares at $1.00, $-1,000, $1,000
8/18/21, Payment/Deposit, Check, Transfer, 0, $-1,000
Checking account detail shows:
8/19/21, Brokerage Sell, Transfer, $1,000
In the brokerage there is only one other transaction this quarter for $.32 as a Reinvest Dividend. I can't figure out the $259 difference reported as realized gain ($1,000-$741).
Note that I recently started using Quicken with a 7/1/21 conversion date.
Thanks
Rob
