Charles Schwab IRA dividend downloads into Schedule B taxable dividends

tyce

I recently did an IRA rollover into Schwab. When I download transactions from Schwab Quicken puts the dividend income into a taxable category. IRA dividends are not taxable until we withdraw from the account. Is it safe to assume that others have created a new category in Quicken for these dividends so the tax planner does not show these as taxable schedule B dividends in the planner?

Rocket J Squirrel

Is your Quicken account properly set up as a tax-deferred IRA?

tyce

No it is not, I will change this, thank you for your time and consideration.

tyce

I turned on the "tax deferred" radio button in account details and that fixed the planner.