Roth IRA Withdrawals - Why am I asked to specify a tax lot or average cost?

ssryan2
ssryan2 Quicken Windows Subscription Member
edited February 23 in Registers & Transactions (Windows)

Quicken Classic Deluxe for Windows - Version R65.29

For every withdrawal I download, before accepting it I have to click the radio button for either SpecID or Avg Cost. These withdrawals are not taxable and the account is labeled as a Roth IRA. Since each monthly withdrawal is coming from several different funds, generating a separate transaction for each, this is unnecessarily annoying.

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  • Quicken Kristina
    Quicken Kristina Quicken Windows Subscription Moderator mod

    Hello @ssryan2,

    Thank you for sharing your experience! To help troubleshoot, please provide more information:

    • When did you first notice this behavior?
      • Has it always behaved this way?
    • Which financial institution is the account with?
    • Are the funds tracked in Quicken as cash or as securities?
      • Which funds is this behavior happening with?

    I look forward to your response!

    Quicken Kristina

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

    @ssryan2, WHAT's downloading? Only the w/d transaction, or a Sale for each of those funds, or Both?

    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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