club_cafe: Dividends on Foreign Holdings

iras1 on

Try DECREASING the cash amount you record for the dividend by $.65. The data entry screen asks for the net cash deposited in your account -- this should be $5.82. Then you enter the $.65 tax paid in the foreign tax box.

Ira Smilovitz

In a message dated 1/9/2004 8:15:49 PM Eastern Standard Time, wecanpp@bivio.com writes:

Can someone please help me? I'm trying to record a dividend
from Honda Motor Corp of $6.47. That is the total amount
that we received. There were also foreign taxes withheld in
the amount of .65 cents. I put the transaction in on the
dividend screen, but, now my balance is off 65 cents. When
I tried to adjust by increasing the dividend by 65 cents, I
was over by $1.30. I'm sure that I'm overlooking something
silly. Any suggestions? Thanks, Jo

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