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echo: quicken
to: BRUCE WILSON
from: CHUCK THOMPSON
date: 1996-11-20 19:03:00
subject: Re: Quicken6 investments

-=> Quoting Bruce Wilson to Ed Haynes <=-
 
 BW> On 14 Nov 96 08:49pm, Ed Haynes wrote to Bruce Wilson:
 
 EH> At the end of the year I'd like to see how much income I made 
 EH> from that stock and have it integrated into the performance of 
 EH> that stock in Quicken's portfolio view.  How can I enter that 
 EH> transaction to show this?
 BW> 
 BW> Still using Q8 for DOS and not having any stocks to track, I'm not
 BW> familiar with that feature.  What you're looking for isn't something
 BW> one would normally track within an accounting system, the dividends
 BW> being ordinary taxable income and the appreciation (or the loss in
 BW> value) not being taxable gain (or loss) until it's realized.
 
 Bruce --
 
 I believe that you'd want to track dividends as the amounts received
 as "dividends" are reported as a separate item on Schedule B of
 Form 1040.   Moreover, if it's a mutual fund, you might have both
 ordinary dividends and capital gains-type dividends, which are reported
 on different lines and treated differently.
 
 
 Cheers..............................  c h u c k
 
 
... It's not hard to meet expenses, they're everywhere.
___ Blue Wave/DOS v2.30
--- TriToss (tm) Professional 10.0 - #125
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* Origin: The BucketBored! BBS * 214-414-6913 * V.34 (1:124/1222.0)

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