Confused on Catagories & Reports

I guess it's a bit discouraging, with the (moderate) traffic here and the expertise available, that I can't seem to get any help. If my question is confusing, obvious, just plain stupid, etc. I'd still like some help and/or guidance. Thanks.

snipped-for-privacy@gmail.com wrote in news:1188999663.739589.187220 @g4g2000hsf.googlegroups.com:

Quicken (generally) will do what you tell it, but according to it's own rules. How do you enter these transactions?

Now, to hijack this thread ...

For instance, what has me wondering is how to handle foreign tax withheld. I get ING dividends and they are listed by Citibank's SmithBarney as dividends of net say $85, but the memo field says say $15 tax withheld.

When, in the enter transactions window, I enter a dividend of $100 with a

-$15 miscelaneous transaction going to Tax/foreign, there is a net $85 cash dividend. When I hit OK, there will be 2 transactions in the register: A Div of $100 and a MiscExp of $15 (neg).

I just hope that that is OK. So far I have not taken the foreign tax deduction since this is in an IRA account. Can I do that even if it is in an IRA?, And what do I do with the tax refunds that seem to keep coming later?

Han

Here is a link to a discussion of this in another forum:

I'm not sure why Han felt a need to offer no advice and then proceed to hijack the thread for a totally different topic???

Entering stock (or mutual fund) buy sell transactions is quite easy - simply do a buy or sell transaction in the appropriate account with the shares, price, date, etc. I think my question is still on the table 0 when a sell in entered, it shows up as a _RlsdGain, not as STGain or LTGain (or both, if selling funds or stocks from multiple purchases.)

How do I get this to reflect the proper short or long term gains in the tax reports?

snipped-for-privacy@gmail.com wrote in news:1189171635.230144.151900 @d55g2000hsg.googlegroups.com:

As wrote before:

Quicken (generally) will do what you tell it, but according to it's own rules. How do you enter these transactions?

JM wrote in news: snipped-for-privacy@22g2000hsm.googlegroups.com:

That's what I was afaid of ...

snipped-for-privacy@gmail.com wrote in news:1188999663.739589.187220 @g4g2000hsf.googlegroups.com:

Use the capital gains report, not the tax schedule report for tax purposes. Better to use the tax schedulre report for distributions from funds, and enter as ST or LT gain.

scott s. .

Thank you, scott.

That does exactly what I want/need.

Still a pain (and not meaningful) for the tax schedule report to not be useful for this purpose. You are right, it works fine for fund distributions where you can input ST or LT gains, etc.

I was hoping to keep everything showing up properly in one report - oh, well.

snipped-for-privacy@gmail.com wrote in news:1189339964.617880.46660@

It's worked that way as long as I can remember -- back to Quicken for Windows V3. I don't see why they can't do a better job.

scott s. .