I want to verify my impression that it is not sufficient to look at only the Capital Gains report to determine the total to match in trying to balance gains and losses on Schedule D. As I see it, it only shows actual sales, but does not include capital gain distributions.
I ran a customized investment transaction report, selecting categories
for long & short term distributions and realized gains from
securities. This figures match up significantly better with the
Capital gains Estimator and the Tax Planner (for all its worts).
As a side question,why does the above report print a section of
Expenses, under which it lists various sales and even some of the
capital gains under an "uncategorized" category. The action colum is
quite clear on what types of transactions they are and the specific
transactions are definitely not uncategorized.
- posted 12 years ago