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Quicken For Mac Support

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edited September 29 in Investments (Mac)
The Capital Gains/Losses reported by Quicken (Mac) in its Tax Schedule Report and investment account Portfolio pages are incorrect. This is the result of not supporting the Corporate Acquisition (Merger) and Corporate Divestiture (Spin Off, Split Off) investment transactions that have been present in Quicken (Win) for years.
As an example, Dow and DuPont merged last year to form DowDuPont. As a result of Quicken (Mac) not supporting corporate acquisitions and the OFX Specification not providing a way for a brokerage to report the merger that would preserve existing lots and adjust their cost basis, I have lost all information about my prior holdings. This also changes my holdings from long term to short term.
This year DowDupont spun off new Dow and Corteva businesses and renamed DowDupont to DuPont. Information regarding the 12 lots and their cost basis that I now hold in each of these businesses has disappeared from Quicken due to the lack of support for corporate acquisitions and divestitures.
I know that the absence of support for corporate acquisition and divestiture transactions is not an issue for Quicken users that invest only in mutual funds. However, there are 'Old Fogies' like me that still buy and sell individual stocks that need support for these transactions.
I will grant that without support for corporate acquisition and divestiture transactions does accurately report investment account balances. The Tax Schedule Report, however, is totally useless without support for the transactions.
When will support for corporate acquisitions and divestitures be available in Quicken (Mac)?
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Quicken 2019 For Mac Support

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Quicken For Mac 2019

  • edited August 22
    Well said. I have the same question. Quicken for MAC needs better support for investments; this is a good example.
  • Actually, two PIMCO bond funds recently merged, so yes - even Mutual Fund holders have this issue. *Please* quicken, trying to manually manage this by lots to track capital gains is killing me.
  • Months later..I have the same question. I just got off a chat with support and was told that this was an important feature but no timeline yet when this might be added. When I asked for a workaround I was told 'sorry, can't help you'. Come on this is basic stuff - get this done already!