Keep getting a question from Quicken as to whether the transaction is for tax year 2025

Question

I know there is a simple explanation for this, but I can't figure it out.   When I get a periodic distribution from my IRA, part of it goes to a category for income taxes.  A popup box then appears asking me if this is for tax year 2025 and I have to say no.   It happens every time.   Is there a setting or a way to change something so quicken knows that transactions for income taxes in 2026 are for the 2026 tax year?

Boatnmaniac · Answer

This happens every year starting 1/1 but it usually goes away not long after 4/15 because that is when some tax related transactions (mostly with some tax deferred accounts transactions and tax payment transactions) can be applicable to either the current year or the prior year.  So, I'm a bit surprised that you are still getting those decision prompts.  I haven't gotten any of those prompts for nearly a month now.

Chuck56 · Answer

Thanks

NotACPA · Answer

That popup will go away soon.

But your request can't be accommodated because some transactions that actually happen in 2026 CAN be applied to 2025 taxes.