Mutual Fund - Fiduciary Fee

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  • JCO
    #1

    Mutual Fund - Fiduciary Fee

    Using Quicken 2004 Premier

    I forgot to pay one of my funds, therefore, they deducted the $10.00 (.241
    shares) from my account on 12/22. Since dollars and shares were removed,
    do I have to show this as a sale? However, if I do that, it would show
    Capital Gains which I don't think is correct. Plus, Fiduciary Fees are tax
    deductible. How should I show this transaction? Quicken should provide a
    way to remove the shares and dollars and at the same time, tag that as a
    Brokerage Fee?

    Thanks


    Tags: None
    • JCO
      #2
      Re: Mutual Fund - Fiduciary Fee

      Sorry, posted to wrong group

      " JCO" <joliviero@hotm ail.com> wrote in message
      news:P_WEd.1163 6$hc7.5065@trnd dc08...[color=blue]
      > Using Quicken 2004 Premier
      >
      > I forgot to pay one of my funds, therefore, they deducted the $10.00 (.241
      > shares) from my account on 12/22. Since dollars and shares were removed,
      > do I have to show this as a sale? However, if I do that, it would show
      > Capital Gains which I don't think is correct. Plus, Fiduciary Fees are[/color]
      tax[color=blue]
      > deductible. How should I show this transaction? Quicken should provide a
      > way to remove the shares and dollars and at the same time, tag that as a
      > Brokerage Fee?
      >
      > Thanks
      >
      >[/color]


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