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To: Pierre who wrote (908)2/1/2001 10:05:46 PM
From: Tony C.  Read Replies (1) of 1001
 
Even if you import your Penson QIF files straight into Quicken, if you short stocks, there is a good chance that Quicken is miscalculating your capital gains on those transactions. I've heard that Turbo Tax fixes this on import, but I know that Turbo Tax crashes if you import too many stock trades into it, so that doesn't help me.

So if you short stocks and either import the transactions OR even if you enter them manually into Quicken, you better check and doublecheck the capital gains.

Replying to:

Tony, and board:
...will not screw up gains from short sales (like Quicken/TurboTax)

OK, what am I missing. I've been using Quicken (now 2001) for a couple of years. No problem with Penson Qif imports.
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