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Jim (c130king) writes:

...I also use Quicken (2001 Deluxe) but I couldn't figure out how to get it to do the calculations for me. So I just printed out a list of all my transactions and added it up manually. I started in 94 and made one investment per month. It didn't take too long once they explained how to do it.

If you figure out how to get Quicken to do the calculations please let me know via a post to the board or email.

I use Quicken Deluxe 99 (haven't seen enough incentive to upgrade). If you have all of your purchases recorded in Quicken, the rest should be simple. Here's what I do. (Of course, there may be differences between the versions of Quicken.)

Enter the sale info into the investment register (date, fund name, number of shares sold, price per share). Let Quicken calculate the cash and then manually adjust if there is a redemption fee. When I try to save the entry, a pop-up window appears which offers the choice of average cost or lot identification. Choose the appropriate method. If lot identification is chosen, another window opens which has all of the individual purchases. You can pick and choose lots until you reach the total number of shares sold in the transaction. Of course, the program has no way of knowing whether you made the appropriate lot identification to the broker for the sale. After you have finished, you can generate a capital gains report and the transaction should be reported accurately.

Hope this helps.


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