Another choice needed for a security's Cost Basis

tcolyer
tcolyer Quicken Mac Subscription Member ✭✭✭
edited April 2025 in Investing (Windows)

My FI offers me the option of Average Cost Basis and that is my choice there. Quicken does not offer this choice so my gains upon a sale are inconsistent between the FI's reporting and Quicken. This limits Quicken's utility in tax planning. I suggest that Quicken offer ACB as an additional user choice. Thx.

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  • markus1957
    markus1957 Quicken Windows Subscription SuperUser, Windows Beta Beta

    Mutual Funds can be assigned average cost basis in Quicken. If your security is a mutual fund, the feature is available now. The use of average cost for other securities is limited by IRS rules and not widely available.

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