Why does Tax Schedule Report include realized gains in IRA account?

SVanDee
SVanDee Member ✭✭✭
in Reports (Windows)

I sold stock in a Vanguard IRA in 2025. A Tax Schedule Report in Windows 11 Quicken Classic Premier R65.29 includes the realized gains under "Schedule D, LT gain/loss - security". I don't think it should. In Quicken' Account Details, the Account type for the account is "Traditional IRA". The "Tax deferred Yes" bullet is checked. These gains are NOT included in a Tax Summary Report. Is there some way to exclude them in the Tax Schedule Report?

I'd like to import the TXF file into TurboTax. I can delete these gains after they're imported but I'm likely to introduce errors editing the data manually. Also, I wonder now if the Tax Schedule Report is mis-classifying other things?

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Answers

  • Jim_Harman
    Jim_Harman Quicken Windows Subscription SuperUser ✭✭✭✭✭

    That is very strange. Have you customized the Tax Schedule report in some way, or are you running the report straight from the Reports > Tax menu? In particular, check the Accounts customization section. All retirement accounts should be un-checked.

    My Tax Schedule report does not have a Schedule D section, even for sales in taxable accounts.

    QWin Premier subscription
  • SVanDee
    SVanDee Member ✭✭✭

    Just opened the Tax Schedule Report again. The IRA gains are not there now. Have no idea what's changed. I would like to close or delete this topic but I can't figure out how. Thanks for your attention anyway.

  • Jim_Harman
    Jim_Harman Quicken Windows Subscription SuperUser ✭✭✭✭✭

    Thanks for the update. If there are no further comments, a Moderator will close the discussion in a month or so.

    QWin Premier subscription

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