I recently upgraded from Q2007 Premier to Q2010 Premier. Most of my recent data entries (which I suspect is place where Q attaches tax line attributes) were under Version R3. I have updated to R5, but encounter the same problems. FYI, my Q usage goes back to Q for DOS.
In running Tax Reports for 2009, my last Mortgage Interest entry is for November (entered under Q2007), some (but not all) Foreign Tax entries (for withholding on dividends) for December are missing, and all deposits to a particular bank account are showing up as uncategorized tax transactions. Tax free dividends paid at any time during 2009 by a mutual fund no longer get listed (they formerly were listed under the caption "Div. income, non-taxable"). There could be additional issues; but it is early in the year as I start work on my taxes.
Opening Categories -- I see that Mortgage Interest, Foreign Taxes and _DivIncTaxFree [and _TaxEx Dividend] show a Tax Checkmark and are linked to the correct Tax Lines. But, a number of Bank Deposit Accounts and Investment Accounts (taxable brokerage, taxable mutual funds, IRAs and 401(k)s) also display a Tax Checkmark and a link to a variety of Tax Lines. Fortunately most of these are closed accounts.
Opening Accounts / Tax Schedule Info -- I have deleted any tax lines. But the Categories still show the Tax Checkmark and the the link.
Going to my specific mortgage payments, I find that entries input under Q2007 or earlier, show a Tax Checkmark next to the Interest Line (in the Splits screen), but my December and January payments under Q2010 show no tax linkage.
Right clicking on the checkbook entry and selecting the Tax Line Assignments produces the following error message: "This transaction has splits, open the splits window and access the Tax Line Assignment dialog from there." Following those instructions, right clicking does not show any option to attach Tax Line Assignments to a split entry.
The transaction screens for investment accounts do not reflect any tax attributes. The foreign tax transactions are entered as MiscExp as the action and Tax:Foreign as the category. I can discern no obvious difference between those entries that make it to my Tax Report and those that do not. The mutual fund dividends are entered as reinvested dividends, with no place to reflect any tax attributes or to select the category. [I have always presumed that Q used the checked tax exempt button in the Securities screen to determine whether the interest is taxable or tax exempt.]
Tax Category Auditor is showing no problems. If instead of running a Tax Schedule Report, I run the similar but not identical Tax Summary Repport, many of the problems go away -- all mortgage payments show up, all foreign tax withholding and tax exempt interest (but mixed with taxable interest under the category "_DivInc").
I can live with unwanted transfers showing up as uncategorized tax entries. But missing mortgage interest and taxes paid is a serious problem. A major reason for using Quicken is to avoid my having to remember the tax consequences of 1,000+ transactions each year.
Am I the only one experiencing this issue? Or is it early in the tax year and no one else has focused on their 2009 tax reports?
Thanx for any thoughts.