Keeping track of one category of payments

grandmaSB
grandmaSB Member
edited April 1 in Managing Your Transactions

Is it possible to open some sort of listing where I can keep track of my medical expenses for tax purposes and also to see when I reach the annual deductible? If so, how do I do that?

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  • Coach Jon
    Coach Jon Moderator admin

    Hello @grandmaSB,

    Thanks for reaching out! To keep track of expenses for tax purposes, you can ensure your transactions are labeled and categorized correctly. Quicken Simplifi already associates various Health categories as Schedule A tax items. So all you would really need to do is make sure the transactions you are trying to track use those categories.

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    You can create your own categories as well, and then associate them as tax-related by editing or creating a category and then selecting the "Tax Info" option in the bottom right. Once there, you would just set the Tax Related switch to On.

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    I hope this helps!

    -Coach Jon

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