Does Quicken2006 support tracking qualified dividends? There is a _DivIncQual item in the category list but no way to get to it through investment transactions. Also, TaxPlanner (a sorry piece of software!!) doesn't seem to know about it.
Pete
Yes & No - now that's a lot of help!!
I do it in QW06 Dlx using a custom category that I created [don't see the '_DivIncQual' category you refer to]. There is a Tax Line Assignment for Schedule B: Qualified dividends and I assign that to the custom category.
In order to use this category, record the income as 'Miscellaneous' in the Income Transaction window. This will activate the 'Category for Miscellaneous' drop-down list and you can select the category at this point.
QW's Tax Schedule Report will now provide separate subtotals for '_DivInc' [Ordinary] and 'DivIncQual'.
This method of handling does not appear to 'interface' with TTax if you attempt to import to TTax. I do not import to TTax, but do use the Tax Schedule Report for manual entry.
I have also experimented with using classes for ordinary and qualified dividends - again enter as Miscellaneous and assign category _DivInc/Ord or _DivInc/Qual. This worked but for reasons I've forgotten, I have reverted to the alternate above.
Have not found Tax Planner particularly useful either - qualified dividends being one of the problems and handling of SocSec [taxable portion] income another. Tax Planner is far too conservative for my purposes. I find using last years TTax gives very realistic estimates.
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