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Stocks owned in a taxable account and also in an IRA account.

Robertson48

If you own a stock in a taxable investment account and also in an IRA account, you can't mark one as non-taxable and one as taxable without it affecting the other one. Is there any way this can be fixed?

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Sceptic

@Robertson48

Leave the security itself marked as taxable (i.e., do not check “Tax Free”).
Mark the IRA account as Tax‑Deferred in Account Details.
This causes all income and gains in the IRA to be excluded from tax reports.

Chris_QPW

In general, you never need to mark a security "non-taxable". That is only used for a security that is truly non-taxable all the time.

Whether a security is treated as taxable or not in Quicken is usually determined by the account that it is in.

EDIT: in other words "Tax Free" is used to override the fact that you have a security that is in a taxable account, but still isn't taxed.

Robertson48

Thank you both for the information. I'll try what you've suggested.