Quicken Mac 2019 Tax Exempt Dividend / Interest on Reports
Comments
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Yes that is corect and I tried to fix it and could not find a fix.0
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In concur. I don't know a fix. I'd suggest using menu Help > Report a Problem to submit this. However, you won't get any feedback, so if you want confirmation that they've received it, you'll need to contact Quicken Support.Quicken Mac Subscription; Quicken Mac user since the early 90s0
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Hey Ploooplooo,
It sounds like you may be using one of the built-in options that designate this transaction as a schedule B.
According to Quicken, a Schedule B is taxable.
I created a new category and made sure Tax related was unchecked.
I then changed the Dividend transaction to a payment/deposit and this keeps the transaction off the report as it doesn't include a tax schedule.
I didn't find an appropriate tax schedule for this to have, if you needed this shown on the Tax schedule I would consider using the 'Unassigned Tax Item' option.
Hope that helps!
-Quicken Tyka~~~***~~~0 -
Hi Tyka... Yeah, that works. The only problem is that you can't change the category on a Dividend or Reinvest Dividend transaction in an investment account, so you are forced to make the transaction type Payment/Deposit. That, in turn, could mess up other reporting.Quicken Tyka said:Hey Ploooplooo,
It sounds like you may be using one of the built-in options that designate this transaction as a schedule B.
According to Quicken, a Schedule B is taxable.
I created a new category and made sure Tax related was unchecked.
I then changed the Dividend transaction to a payment/deposit and this keeps the transaction off the report as it doesn't include a tax schedule.
I didn't find an appropriate tax schedule for this to have, if you needed this shown on the Tax schedule I would consider using the 'Unassigned Tax Item' option.
Hope that helps!
-Quicken TykaQuicken Mac Subscription; Quicken Mac user since the early 90s0 -
Hey RickO,Quicken Tyka said:Hey Ploooplooo,
It sounds like you may be using one of the built-in options that designate this transaction as a schedule B.
According to Quicken, a Schedule B is taxable.
I created a new category and made sure Tax related was unchecked.
I then changed the Dividend transaction to a payment/deposit and this keeps the transaction off the report as it doesn't include a tax schedule.
I didn't find an appropriate tax schedule for this to have, if you needed this shown on the Tax schedule I would consider using the 'Unassigned Tax Item' option.
Hope that helps!
-Quicken Tyka
Yes, so this could potentially require quite a bit of editing to pull off.
It does seem to be a common function that should be available or listed.
I would still encourage the OP to 'Report a Problem' that this function isn't readily available.
-Quicken Tyka~~~***~~~0 -
No need to add a new Category. Change the Transaction to Payment/Deposit and use the .Div Income NT category.1
