Investing Special Receipts
I've recently received a cash inheritance which I entered in special Receipts as non-taxable. It is invested at a low interest rate but the amount is large enough that having it earn zero interest as a special receipt entry has an affect, albeit small, on my SOL and taxes. I don't see a tab that lets you specify a growth rate for special receipts. What should I do so that this special receipt is earning interest and the interest is included for tax calculations?
Fri, 05/01/2015 - 23:27
Once the special receipt is realized the money goes into regular assets. There it will receive your regular assets rate of return.
Sat, 05/02/2015 - 14:59
Thanks Brian James