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Posted by User on January 26, 2007, 3:22 pm
Please log in for more thread options 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
> 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
>
>> I see similar things on short sales. For whatever reason, the short sales
>> are being categorized as LT and not ST.
>>
>> These are
>>>I am using Quicken 2006 Basic (Release QA 5, which I think is the
>>>latest).
>>>
>>> I bought 200 shares of DELL on 11/18/2005. I sold 200 shares on
>>> 02/23/2006 (less than 12 months).
>>>
>>> In Reports & Graphs I click on "Tax Schedule (for export to TurboTax)".
>>> The DELL transaction appears under Schedule D -- LT gain/loss -
>>> security.
>>>
>>> Shouldn't that be under short term (ST) gain/loss?
>>>
>>> I have many other short term transactions which are also appearing under
>>> long term. What gives? Why is it doing that? Has anyone else experienced
>>> this problem?
>>>
>>> Thanks,
>>> -Jeff
>>>
>>
>>
>
>
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