|
Posted by Donald Sessler on February 2, 2008, 7:47 pm
Please log in for more thread options
> Hi Margaret!
>
> I see the same as you. I think it is due to the Tax Form being very
> simple on Schedule A (most people can not exceed the 7.5% AGI Limit. You
> should probably (no tax expert here) Medicine and Drugs which seems to be
> the catch all. There is an Other Category on the tax form, but not
> available in Quicken.
>
> I personally set-up my "tax" categories so that I can easily run a report
> (and validate). I do not use an import function. Nor do I use Turbo Tax.
>
> For the Medical Mileage - you could just accrue and entry for every
> appointment. For example, when I record the Co-Pay for my Doctor - 3
> miles and $0.20 (or what ever is the correct rate) and back that out of
> your Fuel Cost.
>
> I kept very detailed records of my Medical last year - but I didn't exceed
> the 7.5% AGI calculation. Guess I was not sick enough...(and thank God
> for good insurance!!!!!!)
>
> Oilcan
>> Has anyone else noticed there's no longer a tax line item for medical
>> insurance premiums in Quicken? There was in QP2007.... I sure could use
>> a tax line item for "other medical expenses" too.
>>
>> I've pored through the list of line items, even the extended list, and
>> all I see are:
>>
>> Schedule A:
>> medicine and drugs
>> doctors, dentists and hospitals
>> medical travel and lodging
>> medical mileage (way far down the list)
>>
>> I even installed a fresh copy of QP2006-R1 on a test machine to make sure
>> my categories hadn't somehow become corrupted, and indeed there is no
>> line item for medical insurance premiums.
>>
>> And BTW, since there's a line item for medical mileage, has anyone found
>> a good way to track medical mileage using Quicken?
>>
>> Thx and Regards,
>>
>> Margaret
Hi Margaret. I know Quicken does an awful lot but I have for several years
now used a Works Data Base I set up. Really answers all questions including
inputting mileage when we make doctor, pharmacy visits. End of year I run
off report and it's a snap to put in Schedule A. I should add I use Tax Act
for several years after the "root" fiasco with turbo tax and it's cheaper
and meets my and the peoples returns I do.
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap