Unable to add an Xout transaction

SGap

Running on a current version of Win11 and Quicken Classic.

In an investment account I have Xout transactions. I need another. Quicken will not let me copy and paste an existing Xout transaction (paste is grayed out) or create a new one.

When I add a new "cash transferred out of account" transaction it comes up as a WithdrwX rather than a Xout. When I edit the WithdrwX and Xout transactions they look the same except for following: In the WithdrwX transaction the "Inv. Amount" and the "Cash Amount" are both the same (eg -$500 and -$500). However in Xout the "Cash Amount" are not the same (eg $500 and -$500).

Any thoughts as to why I am not able to add an Xout transaction? I have been searching for an answer but those provided in various places are unhelpful (often just wrong).

Thanks!

BK

The difference is in the "investment" account type of brokerage vs tax deferred IRA:

• Tax deferred IRA accounts show them as ContribX / WithdrawX
• Brokerage accounts (and 401k) show them as Transfer XIn / XOut

I think that allows Quicken to determine what type of tax rules to apply, but it has flaws such as rolling over from one retirement to another. Perhaps one of the Quicken Mods or SuperUsers may have more details on the history and rationale.

SGap

Thanks for the reply! It is an IRA account. But the question is why did Quicken add an XOut in Aug but won't do it now in the same account? It does not seem to be consistent.

I should add that this entry was needed because Quicken did not handle the merger transactions sent by Fidelity correctly. Quicken treats the two merger entries as cash transactions and there is a difference in cash values between the two entries that cover the merger. In Fidelity the two transactions that cover the merger do not affect the cash on hand.

NotACPA

What was that merger?

Was it the merger of Select Industrial's (Advisor class), FCYIX into the Retail class,. FIDRX, on 10/17?

Since my holdings were also in an IRA, I didn't care about the tax aspects and just recorded the merger as a sell and buy … since the # of shares and NAV were so different.

BK

I figured you encountered some inconsistency leading to your question. I have had that happen to me and in my case was my own fault where I incorrectly transferred funds to a 401k (hence XIn) and corrected it later by moving it to an IRA. However, it maintained its prior XIn value instead of changing it to ContribX, creating an inconsistency. So I deleted that transaction at the "transfer source" and reentered it and it became correct and consistent.

Point being, I cannot explain why such thing happened in your case - sorry. It shouldn't. Could be a bug or changes to Fidelity as Fidelity seems to have had soooo many issues based on the posts in this community that I am not surprised at all.

Also the answer to your prior question about copy/paste: there are certain transfer investment transactions that cannot be copy/pasted. It is not a bug and my guess that it has to do with the link to the source/destination account and/or underlying tax related item where Quicken perhaps could not handle well - again purely a guess and I welcome if someone can educate us on that.

SGap

Side note: For whatever it is worth, I have been using Quicken for various projects for well over 20 years.

The merger was described as:

MERGER PAYOUT #REOR M0051695450000 as of Oct-17-2025 AUDMDEEN GLOBAL EQTY IMPACT FUND INSTL (04315J837)

MERGER FROM 04315J837#REOR M0051695450002 as of Oct-17-2025 ABRDN FDS EMERGING MKTS DI (AGEM)

It was not clear to me how exactly to handle the questions Quicken asked me when these transactions came in. After a couple of attempts (by going back to backups) I did get AGEN into Quicken. Quicken had the share count right but I had to go in and change the security to AGEN manually. I never found a way to prevent Quicken from going to cash and ending up with the wrong cash entry. Hence the need for the XOut entry. The WithdrwX looks a bit odd but the numbers are ok now.

NotACPA

That looks to me like it's almost the same and the "merger" that I encountered.

I'd treat it the same as there was a share count change. "Sold" and "Bought", as there's no tax impact in an IRA.