Roth IRA Withdrawals - Why am I asked to specify a tax lot or average cost?

ssryan2

Quicken Classic Deluxe for Windows - Version R65.29

For every withdrawal I download, before accepting it I have to click the radio button for either SpecID or Avg Cost. These withdrawals are not taxable and the account is labeled as a Roth IRA. Since each monthly withdrawal is coming from several different funds, generating a separate transaction for each, this is unnecessarily annoying.

Quicken Kristina

Hello @ssryan2,

Thank you for sharing your experience! To help troubleshoot, please provide more information:

• When did you first notice this behavior?
  • Has it always behaved this way?
• Which financial institution is the account with?
• Are the funds tracked in Quicken as cash or as securities?
  • Which funds is this behavior happening with?

I look forward to your response!

NotACPA

@ssryan2, WHAT's downloading? Only the w/d transaction, or a Sale for each of those funds, or Both?

Quicken Kristina

Hello @ssryan2,

We haven't heard back from you in a while. Do you still need assistance?

Check back and let us know! Thank you.

Quicken Kristina

Hello again,

Checking in once more before this thread is closed.
Let us know if you still need assistance.

Thank you!