Skip to content
  • Register

    • Help understanding Split transactions concepts.

    Quicken Windows Subscription Member ✭✭✭✭
    edited January 2024 in Registers & Transactions (Windows)

    Can someone help me understand category lines in a split transaction.

    1. net pay $899.44
    2. Fed Tax Withholding $200.00
    3. State Tax withholding $48.00

    How is this supposed to look in the Split transaction? I want to be able to use those split transactions to be able to report and see net and gross pay in a report. See my snapshot-

    Split snip.png

    Best Answers

    • Quicken Windows Subscription SuperUser ✭✭✭✭✭
      edited December 2023 Answer ✓

      Line 1 should be gross pay. Lines 2 & 3 should be negative numbers to represent the withholdings. The net is the sum of the 3 split lines and that's what gets deposited into your account.

      Quicken user since version 2 for DOS, as of 2025 using QWin Premier (US) on Win10 Pro & Win11 Pro on 2 PCs.

    • Quicken Windows Other SuperUser ✭✭✭✭✭
      Answer ✓

      And you probably have other deductions like Social Security, Medicare or FICA. And heath ins or 401K, etc.

      I'm staying on Quicken 2013 Premier for Windows.

    Answers

    • Quicken Windows Subscription SuperUser ✭✭✭✭✭
      edited December 2023 Answer ✓

      Line 1 should be gross pay. Lines 2 & 3 should be negative numbers to represent the withholdings. The net is the sum of the 3 split lines and that's what gets deposited into your account.

      Quicken user since version 2 for DOS, as of 2025 using QWin Premier (US) on Win10 Pro & Win11 Pro on 2 PCs.

    • Quicken Windows Other SuperUser ✭✭✭✭✭
      Answer ✓

      And you probably have other deductions like Social Security, Medicare or FICA. And heath ins or 401K, etc.

      I'm staying on Quicken 2013 Premier for Windows.

    This discussion has been closed.

    Welcome!

    It looks like you're new here. Sign in or register to get started.
    Sign In
    Register

    Quick Links

    Categories