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| In microsoft.public.money, Apothecon wrote: - quote - > Is there a way to change the tax category for commission from capital gains
You can enter an InvestmentExpense into the Transactions register> to misc. 2% ? I pay a quarterly advisory fee which I enter as commission,but > it shows up in capital gains vs. the proper schedule.I know I can enter this > from the cash account, but then it isn't reflected in the accounts rate of > return Thanks Alan against a particular investment. That will reduce the performance of that investment. There is no facility to automatically divvy up the fee among several investments. You could manually figure out an allocation and enter the several transactions. This is from memory, and I have not experimented lately. For US taxes, I think this is a miscellaneous deduction subject to the 2% threshhold-- and therefore is not deductible for most people. |
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| Is there a way to change the tax category for commission from capital gains to misc. 2% ? I pay a quarterly advisory fee which I enter as commission,but it shows up in capital gains vs. the proper schedule.I know I can enter this from the cash account, but then it isn't reflected in the accounts rate of return Thanks Alan |
| Tags |
| category, commission, tax |
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