Functionality to Easily Fix Return of Capital

Throughout the year, all ROC (Return of Capital) downloaded transactions from my broker are categorized as dividends. It is not until I get the end of year 1099-DIV that I actually get the breakdown of how much of the distribution was dividend and how much was return of capital. I then have to go back and edit all the dividend transactions and enter new ROC transactions, in order to keep my cost basis and tax reporting accurate. The process is painful. Asking for a new tool within Quicken to make this easier so that for any given security and year you can easily enter the breakdown between div and roc. Thanks
2 votes

New · Last Updated