|
#4
12-09-2005, 07:26 PM
| |||
| |||
 Re: stock sales reported as income "Paul Pedersen" <no-reply[at]swen.com> wrote in message news:uFl9$4P$FHA.1676[at]TK2MSFTNGP09.phx.gbl... - quote - > "Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message
PS. Thanks anyway.> news:m4ojp1945iv0mg5o5g1tmm554leqf412l4[at]4ax.com... > > In microsoft.public.money, Paul Pedersen wrote: > > > > > > Not this month, but last month I had a fund sale of $x, and the entire > > > amount showed as income on that graph. (I had bought it a number of years > > > ago for about x/2.) I've seen this happen before, too. I don't know how > > > it > > > shows up on the tax reports - haven't looked yet. > > > > > Check to make sure that that fund had been entered into Money with > > Buy transactions rather than AddShares transactions. > It was a Buy. > I guess I'll just have to live with it. |
|
#3
12-09-2005, 07:22 PM
| |||
| |||
| Re: stock sales reported as income "Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message news:m4ojp1945iv0mg5o5g1tmm554leqf412l4[at]4ax.com... - quote - > In microsoft.public.money, Paul Pedersen wrote:
It was a Buy.> > > Not this month, but last month I had a fund sale of $x, and the entire > > amount showed as income on that graph. (I had bought it a number of years > > ago for about x/2.) I've seen this happen before, too. I don't know how it > > shows up on the tax reports - haven't looked yet. > > Check to make sure that that fund had been entered into Money with > Buy transactions rather than AddShares transactions. I guess I'll just have to live with it. |
|
#2
12-09-2005, 06:53 PM
| |||
| |||
| Re: stock sales reported as income In microsoft.public.money, Paul Pedersen wrote: - quote - > Not this month, but last month I had a fund sale of $x, and the entire
Check to make sure that that fund had been entered into Money with> amount showed as income on that graph. (I had bought it a number of years > ago for about x/2.) I've seen this happen before, too. I don't know how it > shows up on the tax reports - haven't looked yet. Buy transactions rather than AddShares transactions. |
|
#1
12-09-2005, 06:48 PM
| |||
| |||
| Re: stock sales reported as income "Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message news:g86jp197os4urpurh4ubqshbkodv556vis[at]4ax.com... - quote - > In microsoft.public.money, Paul Pedersen wrote:
Yes, the Income and Expenses graph on the My Money Home page.> > When I sell a stock or mutual fund, Money reports the entire sales price > > as > > income on the home page. This is regardless of my cost basis, even if I > > take > > a loss. > I don't see that. What version of Money? Are you looking at the > Income and Expenses item? This is Money Deluxe 2003. Old, I know, but I keep hearing complaints about the newer ones. - quote - > > > If I bought $5000 worth of stock six months ago, and sell it for $5000
Not this month, but last month I had a fund sale of $x, and the entire> > this > > month, it shows as an extra $5000 "income" for this month. That's really > > dumb. How can I make it stop? > I see a net number when clicking into Income. amount showed as income on that graph. (I had bought it a number of years ago for about x/2.) I've seen this happen before, too. I don't know how it shows up on the tax reports - haven't looked yet. |
|
12-09-2005, 01:50 PM
| |||
| |||
| Re: stock sales reported as income In microsoft.public.money, Paul Pedersen wrote: - quote - > When I sell a stock or mutual fund, Money reports the entire sales price as
I don't see that. What version of Money? Are you looking at the> income on the home page. This is regardless of my cost basis, even if I take > a loss. Income and Expenses item? - quote - > If I bought $5000 worth of stock six months ago, and sell it for $5000 this
I see a net number when clicking into Income.> month, it shows as an extra $5000 "income" for this month. That's really > dumb. How can I make it stop? |
|
#-1
12-09-2005, 05:25 AM
| |||
| |||
| stock sales reported as income When I sell a stock or mutual fund, Money reports the entire sales price as income on the home page. This is regardless of my cost basis, even if I take a loss. If I bought $5000 worth of stock six months ago, and sell it for $5000 this month, it shows as an extra $5000 "income" for this month. That's really dumb. How can I make it stop? |
| Tags |
| income, reported, sales, stock |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| DW.EXE Reported as Spyware Scott: This fille appears in my Money 2005 core files. File Properties claim it's from Microsoft but AdsGone says it's Spyware. What's the deal here? ... | Microsoft Money | 1 | 02-23-2005 12:47 PM | |
| How future automatic payments are reported in the register. Humptydank: Hi folks - I'm evaluating Money at the moment, and I've set up some automatic payments for future bills. Wildly easy and great. The only... | Microsoft Money | 3 | 01-30-2005 12:51 AM | |
| Sold Stock Appears as Negative Income JSal: I entered data into Money 2002 about a stock sale. The sale appears correctly in the Account view - the Investment portion is lessened by the... | Microsoft Money | 4 | 08-31-2004 12:15 AM | |
| Money 2002 Update Problem Reported Fixed Cal Learner-- MVP: The problem that caused Money 2002 installations to be unable to open has been fixed. So it should be safe to do updates, although there is no... | Microsoft Money | 2 | 02-19-2004 07:39 PM | |
| Reported corrupt backup file Gerry Dckett: I always backup at the end of each session to an internal 100MB Zip Atapi drive. I have been doing this successfully for several years, and on... | Microsoft Money | 2 | 11-29-2003 04:52 AM | |
| Thread Tools | |
| Display Modes | |
| |
Linear Mode
