Tax Report Wrong

I see similar things on short sales. For whatever reason, the short sales are being categorized as LT and not ST.

Intuit support tells me that this is a known issue and is being worked on. They would not give me an ETA on a fix or any idea of what the priority is. I hope they really are working on it and it wasn't just a line from the support people because they didn't know what to do.

-Jeff

My Quicken just notified me of release 4 (for Quicken 2007). Apparently, fixing this important tax report was not as high a priority as fixing registration and minor reconcile issues. The release notes say that is what has been fixed in R4, but nothing about the tax report. I tested the report and it is still broken.

-Jeff

The Buy/Sell sequence for DELL should appear in QW's Capital Gains Report. It should not appear in QW's Tax Schedule Report. The info shown in the Tax Schedule Report under Sched D is for LT/ST Gains Distributions - not the same as LT/ST Capital Gains.

I believe you are mistaken, after all, the Tax Schedule report is the one used to export to TurboTax, and capital gains need to be reported to TurboTax, so they should be somewhere on the report. Further, capital gains distributions are reported on the same line of your tax forms as regular capital gains. All capital gains belong in this report, whether a distribution or from a transaction.

Finally, the report doesn't work as you suggest, either, because these capital gains are appearing in it.

mistaken, after all, the Tax Schedule report is the one

Have been using TTax And QW for 15+ years. The Tax Schedule Report and the Capital Gains Report are used in conjunction with each other to complete your various tax schedules. The 'Tax Schedule Report' does not [nerver has] report Gains/Losses from the sale of securities. The information from both of these reports is apparently imported into TTax.