Investment Activity Choices

#2 01-06-2006, 02:50 AM

Reinvest Dividends is the wrong choice for this situation. You should use
the two transactions as recommended by Cal Lerner. Your choice will mess
up your summaries because a Dividen is taxable, a Return of Capital is not
*and* A Return of Capital reduces your basis, a Dividend does not.
--
Peace,
BobJ

"Kyle" <Kyle[at]discussions.microsoft.com> wrote in message
news:36B8F3EA-1159-4ED6-99F3-D266BF154F84[at]microsoft.com...
- quote -

> I have the same circumstance as you do. I use the "Reinvest Dividends"
> option for mine. I'm not sure if you have to swtich to some sort of
> "Advanced" setting (instead of essential). It should be listed as one of
> the
> activities.
> "cpa" wrote:
> > I have an investment in which I reinvest dividends etc. into additional
> > shares. It has just paid an item which it classifies as a "return of
> > investment". When trying to record it, there are categories for
> > Reinvest -
> > Interest, Dividends, Short Term Capital Gains, Med. Term Capital Gains
> > and
> > Long Term Capital Gains. There appears to be no way to reinvest return of
> > investment dividends. Has anyoune encountered this and is there a
> > solution?
> > --
> > cpa

#1 01-05-2006, 04:22 PM

I have the same circumstance as you do. I use the "Reinvest Dividends"
option for mine. I'm not sure if you have to swtich to some sort of
"Advanced" setting (instead of essential). It should be listed as one of the
activities.

"cpa" wrote:

- quote -

> I have an investment in which I reinvest dividends etc. into additional
> shares. It has just paid an item which it classifies as a "return of
> investment". When trying to record it, there are categories for Reinvest -
> Interest, Dividends, Short Term Capital Gains, Med. Term Capital Gains and
> Long Term Capital Gains. There appears to be no way to reinvest return of
> investment dividends. Has anyoune encountered this and is there a solution?
> --
> cpa

01-05-2006, 03:50 PM

In microsoft.public.money, cpa wrote:

- quote -

> I have an investment in which I reinvest dividends etc. into additional
> shares. It has just paid an item which it classifies as a "return of
> investment". When trying to record it, there are categories for Reinvest -
> Interest, Dividends, Short Term Capital Gains, Med. Term Capital Gains and
> Long Term Capital Gains. There appears to be no way to reinvest return of
> investment dividends. Has anyoune encountered this and is there a solution?

If you had a return of capital which was used to purchase additional
shares, enter two transactions: Return of capital and Buy.

For dividends, you have the choice of Reinvest Dividend, or entering
both a Dividend and a Buy.

#-1 01-05-2006, 03:25 PM

I have an investment in which I reinvest dividends etc. into additional
shares. It has just paid an item which it classifies as a "return of
investment". When trying to record it, there are categories for Reinvest -
Interest, Dividends, Short Term Capital Gains, Med. Term Capital Gains and
Long Term Capital Gains. There appears to be no way to reinvest return of
investment dividends. Has anyoune encountered this and is there a solution?
--
cpa

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