How to account for Dividends in a Tax Free account e.g. Pension Plan
I have dividend income to record in my pension account.
As the account is outside the tax system I need to record the dividend as income which is not taxable.
I tried using the pensions account as the category but it doesn't show.
What is the best way to record income so that it doesn't show up when I do my reports for my tax return?
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1 Posted by dwg on 20 Sep, 2016 09:38 PM
The best way I would think is to set up a new category called say; Dividend - Not Taxable, and use this to record your Tax free Dividend.
System closed this discussion on 20 Dec, 2016 09:40 PM.