401k Contributions / Conversion to Quicken
Regina
All of my 401k contributions show up as pretax transfers out of my paycheck
(as they should); however, they are being included in my taxable income. I
notice that Quicken has a category _401Contrib, but if I change the transfer
category, then the deposit into my 401k account disappears. Has anyone else
come across this and figured out what to do to resolve?
Thanks.
Scott Tyler
From what I read, Q2010 R3 (due out soon, don't remember exact date)
will have an updated converter that handles paychecks better.
I don't know if Q2010 R3 will go back and fix already-imported paychecks
for users like us that have already converted or not.
As I was facing imminent Money expiration on October 22nd, I already
solved this problem for myself by getting out my paper paystubs for the
current tax year, deleting all the imported paychecks for the current
tax year, setting up a Paycheck form in Quicken, and re-entering those
paychecks.
--
Scott Tyler
agent_scotty-at-hotmail-dot-com
Regina
multiple years of paychecks!! I keep finding things that did not go well
during the conversion process. I sure hope I don't have to redo all of this.
I'm already missing Money BIG TIME!
"Scott Tyler" wrote:
> .
>
Scott Tyler
> Thanks for the reply, Scott. That must have been a painful process for
> multiple years of paychecks!! I keep finding things that did not go well
> during the conversion process. I sure hope I don't have to redo all of this.
> I'm already missing Money BIG TIME!
>
It wasn't that bad: I did only the current tax year, and I get paid
every other week, so it was only 20 or so transactions.
--
Scott Tyler
agent_scotty-at-hotmail-dot-com
Dan@discussions.microsoft.com Quicken Dan
fixes that were part of R3:
https://qlc.intuit.com/post/show_post_full_view/cFS8t60U4r3PznacfAralO