I recently transferred stock from one investment account to another. When I do a C/G report the transferred stock shows up in the report as an entry with zero realized gain. It would be nice to eliminate this as it really isn't a capital transaction. I realize that it has no tax consequences.
Any ideas?
Marvin
What version of Q are you using?
HOW did you do the transfer?
When you go to the Portfolio, what does it show as your cost basis?
db
Marvin:
I'm not sure why a transfer would show up in your C/G report.
One way to kludge this would be to just move the original buys into the current account.
This would not reflect "reality," but it should remove the stock from the C/G report.
Bob
P.S. I'm not an accountant, so there are probably many reasons why you DON'T want to do what I've suggested.
Any ideas?
Marvin
I am using Q 2006 Premier.
The cost basis of the transferred stocks in the new accounts are correct.
I imagine the kludge would work, but I don't like to fool with "reality".
I could just live with it, if there are no further suggestions.
Thanks
Marvin
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