Bug Report-Quicken asked what tax year an IRA "contribution" was for transfer between IRAs
frankwilson Member ✭✭
edited May 5 in Registers & Transactions (Windows)
I recently changed financial institutions, so the assets in my IRA accounts at the old one were transferred to IRA accounts at my new one. Both accounts were identified in the Quicken account details as traditional IRAs. When I entered a transfer transaction between the two accounts, a box popped up asking me to specify what year (2022 or 2023) the IRA contribution was for. Quicken should understand that when funds are transferred between accounts identified as traditional IRAs, it isn't a contribution. Quicken recorded the transfer in the receiving account as a contribution and would not let me change it. This needs to be fixed.
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