Microsoft KB Archive/240589

= Money: Capital Gains for Mutual Funds May Be Reported Incorrectly in Advisor FYI, Tax Estimator and Capital Gains Report =

Article ID: 240589

Article Last Modified on 1/25/2007

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APPLIES TO


 * Microsoft Money 2004 Deluxe Edition
 * Microsoft Money 2003 Deluxe Edition
 * Microsoft Money 2003 Deluxe and Business Edition
 * Microsoft Money 2003 Standard Edition
 * Microsoft Money 2002 Standard Edition
 * Microsoft Money 2001 Standard Edition
 * Microsoft Money 2000 Standard Edition
 * Microsoft Money 2000 Business & Personal Edition
 * Microsoft Money 2000 Deluxe Edition

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This article was previously published under Q240589



SYMPTOMS
When you run Money 2000 or Money 2001, you may experience one or more of the following symptoms:
 * In the Capital Gains report, incorrect values for your mutual fund transactions may be displayed under the Purchase Cost and Gain/Loss columns.
 * The Short-term gain or loss or Long-term gain or loss boxes in the Tax Estimator may incorrectly display a value of zero.
 * When you record a Sell transaction, the value for Short-term gain or Long-term gain in the Advisor FYI Alert may not match the value under the Gain/Loss column in the Capital Gains report.



RESOLUTION
To resolve this issue, set the Cost Basis for all Mutual Funds to Average Cost Basis (Single Category):
 * 1) On the Money navigation bar, click Investing.
 * 2) On the Investing navigation bar, click Portfolio.
 * 3) Click the mutual fund that you want to change.
 * 4) Proceed according to the version of Money you use. For Money 2001 and Money 2000: In the left pane, click Details.

For Money 2002: Right click the investment, and then click See Details from the pop-up menu.
 * 1) In the Cost basis box, click Average Cost Basis (Single Category).

When you receive the prompt to confirm the change, click OK.
 * 1) Click Done.

Note The Short-term gain or loss or Long-term gain or loss boxes in the Tax Estimator may continue to incorrectly display a value of zero.

Additional query words: w_money 8.0 pop-up reporting wizard Money99 Money2000 Money2001 Money2002 Money2003 Money2004

Keywords: kbprb KB240589

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