Stocks sales in Retirement Accounts
Quark Z.
zquark32 at gmail.com
Fri Jul 18 21:43:24 EDT 2014
Hi,
I'm am getting the hang of splitting up stock sales. However, in a
retirement account it is a little different because you don't track
capital gains & losses the same. I'm trying to enter a sale at a loss.
I have the following.
The Sell side is easy:
Gross sale = $500
Loss on sale = $60
The buy side is where I'm stuck:
Assets:Retirement = $493
Expense:Commission = $7
Loss = $60
My question is where do I post the Loss to? It's not an Expense:Capital
Loss is it?
Thanks for the help!
Lou
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