reports

[David T.]

Harold--

Basically, in GnuCash, you assign accounts to tax code lines. For example, your mortgage interest account (e.g., Expenses:Interest:Mortgage) would get assigned to Schedule A, Line 10: Interest. Then, when you run the TXF report, it will tally the transactions for that account and align them with Schedule A, Line 10.

The Edit Tax Options system is a little challenging; it will not allow you to change more than one account at a time, unless they are all designated for the same Tax line (think Interest income from more than one savings account). It is not able to handle capital gains or losses (as far as I know). But overall, as I said, once you have it set up, it's pretty straightforward.

David

On Feb 18, 2013, at 4:41 AM, Harold <hh6199 at yahoo.com> wrote:

> Thanks, David. I have looked at the tax options before but haven't figured out how to use them. I just have to do some more reading. I finally fumbled around and got the report that I needed. 
> 
> 
> From: David T. <sunfish62 at yahoo.com>
> To: Harold <hh6199 at yahoo.com> 
> Cc: Gnucash <gnucash-user at gnucash.org> 
> Sent: Sunday, February 17, 2013 10:26 PM
> Subject: Re: reports
> 
> Harold--
> 
> If you're in the US, have you explored the tax options? 
> 
> 1) Look at Edit->Tax Report Options, where you assign particular accounts to tax code lines. 
> 
> 2) Then, run the TXF report, which uses the settings you made in step (1). 
> 
> Although setup can be a chore, ongoing maintenance is pretty simple, and for me consists mostly of ensuring that the numbers I have at the end of the year match the tax forms.
> 
> The tax options are principally tailored for the US tax code; it may be that one could overload those entries and make use of them for other jurisdictions.
> 
> David
> 
> On Feb 17, 2013, at 7:05 PM, Harold <hh6199 at yahoo.com> wrote:
> 
> > I am using PCLOS 2012 32 bit with Gnucash 2.4.11
> > 
> > From one year to the next I can't remember how to create a list of tax deductible items using reports. Tax time is the only time that I have need of a report.
> > 
> > On another note, I can't seem to get anything usable by trying to search the archives.
> > 
> > When I click on reports and choose Transaction report, a blank report comes up that lets me choose the accounts to show. I click on that link and choose the accounts that need to be included in the report but the report is never populated. In very simple terms, can someone tell me what I need to do?
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