Where does dividend income show for brokerage accounts?

hbwilliams22
hbwilliams22 Member ✭✭
A good portion of my income is from dividends that are part of a brokerage account. Unless I have the Detailed Tracking Method set (and not Simple Method), my Dividend distributions do not seem to reflect in my monthly income.

Is this expected?
Quicken for Mac

Answers

  • Jon
    Jon SuperUser, Mac Beta Beta
    edited November 2022
    If you select Simple Tracking, you're telling Quicken that all you care about is the account balance, you don't care about what happens inside the account. This works best with things like tax-deferred retirement accounts, where the transactions inside the account don't affect your finances. But for a regular brokerage account you do care about the individual transactions because they are potentially income (and possibly taxable as well) so you should select Detailed Tracking.
    Quicken Mac subscription. Quicken user since 1990.
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