cap gains

Question

Yes I'm still using Ms Money and have a problem. Sold shares of a mutual fund,, checked the box for "let me designate which shares to sell", sold 34.506 with a purchase price $98.13, sale price of $97.98, so the net should be a loss of 5.18. When I go to the Cap Gains report it's showing a gain of $1426.33, and a cost of

1929.08, which reflects a purchase price of 56.64 a share which is the average cost of all purchases. The same thing happened on the sale of another fund, so it's not specific to the one fund. It's also a taxable account.

Thank you

Jon

Answer 1

Yes I'm still using Ms Money and have a problem. Sold shares of a mutual fund,, checked the box for "let me designate which shares to sell", sold 34.506 with a purchase price $98.13, sale price of $97.98, so the net should be a loss of 5.18. When I go to the Cap Gains report it's showing a gain of $1426.33, and a cost of

1929.08, which reflects a purchase price of 56.64 a share which is the average cost of all purchases. The same thing happened on the sale of another fund, so it's not specific to the one fund. It's also a taxable account.

Thank you

Jon

We don't work for Microsoft and they have closed the Money forums:

This was the Money forum:

For Microsoft Money questions would you please post directly to the Microsoft Money Forum.

http://social.microsoft.com/Forums/en-US/home?forum=money

The Money forums have closed, but in the pinned thread at the top are directions on where best to post Money questions to.

Cheers.