How can I specify the tax treatment of a reserve fund?

Submitted by Randfein on Sat, 12/17/2016 - 12:37

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When I view the reserve fund tab, the guide on the right side of the screen states "Specify as well if the reserve fund income is taxable . . .". How can I specify that tax treatment?

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dan royer's picture

dan royer

Sat, 12/17/2016 - 15:19

Actually I don't know.

Actually I don't know. Perhaps it's Guide text left over from some earlier version or anticipating some change? I'll check to see, but as far as I know one cannot specify tax consequences to the income from the reserve fund.

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dan royer's picture

dan royer

Sun, 12/18/2016 - 10:50

Yes, it appears that this

Yes, it appears that this feature to designate tax consequences for the reserve fund was in a version of the program a number of years ago. The programmer is going to research and either restore the feature for the next release or fix the guide text.

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