Tax Free Dividends

nmlaing
nmlaing Quicken Mac Subscription Member ✭✭
edited November 3 in All Things Canadian (Mac)

unable to change the dividend income category to Tax-Free for rrsp transactions

Answers

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    Is the security itself Tax-Free? Because that's when the tax-free-div-inc should be used. That action isn't needed if the entire account is tax-free.

    Should you ever hold that security in a non-tax-advantaged account, you'd want the divs in such account to still be recorded as taxable.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • nmlaing
    nmlaing Quicken Mac Subscription Member ✭✭

    want to be able to include the RRSP income in reports without the dividend income showing

    Therefore, would like to categorize RRSP dividends in a “Tax-Free” category rather than the default “investment:dividend income” category.

    Possible?

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    So just exclude the particular security from the report.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

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