I had a case once where reports by Account absolutely refused to recognize
when the account changed to one specific account. No matter what I did, its
data was reported with the account that came before it in sort order.

Sometimes we just aren't meant to understand these things...

"Tommy Becker" <twbecker[at]nc.removeme.rr.com> wrote in message
news:euLMrXVMEHA.2592[at]tk2msftngp13.phx.gbl...
- quote -

Well, I couldn't find any rhyme or reason as to why the only account I
record Mortgage Interest transactions in was the only one that didn't
work with Tax Estimator. I went ahead and created a new account, cut
and pasted all my transactions, and deleted the old one. This seems to
have "fixed" it for now. But there is definitely something fishy going
on here.

Dick Watson wrote:
- quote -

Nope. I'd probably mess around with other settings for the account or try
creating a new identical account with a slightly different name and see if
TE picks up a test transaction from there. I'd also see if the dialog to Add
a transaction/category to the TE for this tax line finds the transactions in
question. You could open a support case but they probably wouldn't.

"Tommy Becker" <twbecker[at]nc.removeme.rr.com> wrote in message
news:OmZsd7kLEHA.3324[at]TK2MSFTNGP10.phx.gbl...
- quote -

Dick, I just got back to this. Amazing, I enter a similar transaction
on my Amex credit card and it does show up in Tax Estimator. But the
transactions in my HELOC, also a "credit card" account in Money, do not.
This is gonna drive me nuts. Any ideas?

Dick Watson wrote:

- quote -

I did a test and couldn't duplicate these results--test method described
elsewhere in the thread. I'm not denying your experience, just suggesting
that whatever is going for you and Tommy either is not pervasive or reflects
differences between my test case and your data file.

"Kevin Campbell" <kcampbel[at]nospam.midmaine.com> wrote in message
news:uST9X14KEHA.2260[at]TK2MSFTNGP09.phx.gbl...
- quote -

I agree. Money doesn't seem to properly recognize the interest from an LOC
type account even though I enter the interest as Mortgage interest and that
category is setup correctly under the tax forms. Interest that gets posted
to that same category from a "traditional" mortgage loan type account does
get properly shown in the tax estimator.
--


Semper Fi!

Kevin Campbell

"A leader, once convinced a particular course of action is the right one,
must have the determination to stick with it and be undaunted when the going
gets rough." --Ronald Reagan (1990)


"Tommy Becker" <twbecker[at]nc.removeme.rr.com> wrote in message
news:uqnolHYKEHA.3316[at]tk2msftngp13.phx.gbl...
- quote -

Hi Dick,

Thanks... implementing right now....

Take care,
John

"Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
message news:uIUbLpaKEHA.2396[at]TK2MSFTNGP12.phx.gbl...
- quote -

Aha!

You need to record interest expense transactions in the HELOC account. The
transfers are just offsetting the liability directly and not accounting for
the interest. This is just like any other credit account except Loans. Money
doesn't try to automatically calculate the interest in any revolving
account--only in Loan accounts with fixed terms and payments and so on.

"John G. Ata" <John[at]TheAtas.org-spamguard> wrote in message
news:%23v%23Sy0ZKEHA.2396[at]TK2MSFTNGP12.phx.gbl...
- quote -

Hi Dick,

Yes, the tax estimator but more importantly when I export my data to a tax
program. Right now it got automatically setup as a payment with a special
category "Credit Card Payment: <Account_name> " which looks like a transfer
and is not really a catagory. The best I could come up with is that I
manually need to add the interest in the category Mortgage Interest. This
seems like a lot of work when the program could do it automatically. Any
other ideas would really be appreciated.

Take care,
John

"Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
message news:uBapu2UKEHA.2024[at]TK2MSFTNGP11.phx.gbl...
- quote -

Have you gone into the tax estimator and tried adding the category you are
using?

As a test, I just went in and added a $10,000 expense in my Discover
account, category Interest Expense:Mortgage Interest (the same thing I use
for my first mortgage). Then I went to the deductions page in Tax Estimator.
The Mortgage Interest deduction for this tax year has gone up by $10,000
from when I was looking at this earlier today. In short, I can't duplicate
your results. But it sure did help out my estimated tax bill for this year!

"Tommy Becker" <twbecker[at]nc.removeme.rr.com> wrote in message
news:uqnolHYKEHA.3316[at]tk2msftngp13.phx.gbl...
- quote -

Dick, my experience is that the tax estimator still doesn't work
properly no matter how you categorize the interest. I think it's a bug.

Dick Watson wrote:
- quote -

What does the type of Money account have to do with tax deductibility of the
interest???

You concern is with the Money tax estimator? Just make sure you enter the
interest expense transactions or splits using a category (Interest
Expense:Mortgage Interest or something like that) that is set in its
Category Details to Include on Tax Reports, Tax Form Schedule A, Form Line
Home mortgage interest (with Form 1098).

"John G. Ata" <John[at]TheAtas.org-spamguard> wrote in message
news:ujbKE2TKEHA.1036[at]TK2MSFTNGP10.phx.gbl...
- quote -

Hi,

When I setup the account, it gets setup as a credit card account. Does
anyone know of a way to set it up correctly so that the interest is tax
deductible?

Thanks,
John