Why can't users select which accounts to include in the Tax Planner?

jerz-joe
jerz-joe Quicken Windows Subscription Member ✭✭
in Budgeting and Planning Tools (Windows)

Previous repsonses suggest all kinds of workarounds, e.g., treat excluded accounts as deferred taxes. It would be so much simpler for you to allow users to select which accounts to include. Quicken allows users to do this for creating all types of reports. Why not the Tax Planner?

Answers

  • Jim_Harman
    Jim_Harman Quicken Windows Subscription SuperUser ✭✭✭✭✭
    edited January 5

    That might be a useful improvement, but I don't see it as a major issue. Currently the Tax Planner uses all taxable accounts except ones that are marked Separate. Tax deferred accounts like IRAs, 401(k)s, etc. are not included.

    Generally it is best to set up a separate Quicken file for accounts that belong to a person who files their own tax return, so that their assets don't affect your net worth, tax reports, Tax Planner, investment performance, etc. Alternatively, you can mark the extra accounts as Separate and they will be excluded by default from these features.

    Can you give an example of taxable accounts in your Quicken file that you do not want to be included in the Tax Planner and don't want to mark as Separate?

    QWin Premier subscription

Categories