How to enter Savings Bond Tax Refund into Quicken
Received part of my US Tax refund as a paper US Savings Bond (Series I).
Sent paper bond in to Treasury Direct to convert to an electronic bond, which has been completed.
I do have a Treasury Direct account in Quicken for other investments.
I did not enter anything into Quicken when the paper bond was received and chose to do the following when it was converted by Treasury Direct:
- Cash deposit into my Treasury Direct account from IRS
- Purchase of Savings Bond using the Treasury Direct cash funds at $1 per share.
Was this an appropriate approach?