ISSUE: In Business and personal, schedule c, is not showing up categories list

Question

As I am working with Mac buisness and personal quicken, I noticed this week that, while categories (in edit mode) are classified with a schedule c tax line item, the schedule c does not show up in the categories listing in the tax column.  Schedule E shows up, but not C.

Transactions are marked correctly with the categories; however do not show up on the schedule c report.

Please pass this on to the developers.

Anne Montgomery

Quicken Michael · Answer

Hi @CAYOP,

After looking over your question and screenshots I believe I understand what is happening.

When editing a business category you are given the option to set the Tax Schedule/Form and the Tax Line. The three sections correlate to the three different business types that a specific business can be set. When you set a business category on a transaction a business is also specified for the transaction. When the report is run the business type of the business along with the business category of the transaction is used to look up the Tax Schedule/Form and Tax Line from the same section as the business type. Also, the Categories window is only showing the active Tax Schedule/Forms and Tax Line in the list based on your active businesses and their business types.

In looking at your screenshots it appears that you have a rental business. Given what you are seeing I also believe that you have set the business type of that business to “Rental Property (Schedule E)”. What this means is that it is taking the Tax Schedule/Form and Tax Line for transactions assigned to this business from the “Tax - Rental Property (Schedule E)” section visible when editing the category. If you want Schedule C tax lines to appear for a transaction assigned to a business category and this business; you would edit that business category, turn on “Tax-Related” under the “Tax - Rental Property (Schedule E)” section, and select the Schedule C Tax Schedule/Form item and then the Tax Line item you wish to use.

I hope this helps!

CAYOP · Answer

Screenshot 2024-10-17 at 11.10.03 AM.png

Screenshot 2024-10-17 at 11.10.21 AM.png

Screenshot 2024-10-17 at 11.10.36 AM.png

These screen shots show exactly what is happening. one is the category list in Mac Personal and Business Classic, version 7.9.1, next is edit mode, then close up of category and last is a copy of the report YTD. The next shots are of the report with only 3 items for 2024.  Looking at the categories list, the number of transactions should be well over 500 for 2024.

Screenshot 2024-10-17 at 11.21.11 AM.png

Screenshot 2024-10-17 at 11.21.21 AM.png

Screenshot 2024-10-17 at 11.21.37 AM.png

CAYOP · Answer

Hi Jon, Thank you.  The categories are listed as business.  I had the client also put in the problem with some pictures.  The items show in edit and in the listing as business categories, but just will not show the tax line Schedule C. It's a very weird issue.  I will have the client reload quicken if it does not resolve itself.

Anne