Tax Summary is not listing deposits listed as 'Net Salary'

amSteve
amSteve Member ✭
in New to Quicken/Getting Started (Windows)
When I run the Tax Summary the 'Income' section is only picking up on deposits where the Category is 'Other Inc.' How do I convince Quicken to include 'Net Salary' and 'Net Salary Spouse'?
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Answers

  • markus1957
    markus1957 SuperUser, Windows Beta Beta
    You could assign tax lines to those categories but they are generally used by those who do not track tax impacts of salary. Net Salary neglects after tax deductions and would provide incorrect taxable income amounts. 

    If you want to track tax impacts use the Paycheck Wizard and include all the information related to calculating taxable income.
  • Kkulow
    Kkulow Member ✭
    I split transactions and put in gross pay and then do taxes Med insurance as deductions in negative amounts

    Get report for taxable income and other summaries too
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