Is there a way to include unchecked "Exclude from Spending Plan" items in the net income report?

lklopp
lklopp Member
edited February 26 in Investments

It would be nice to be able to include 401k/403b deposits that are unchecked for "Exclude from Spending Plan" to show up in the net income report. Since I am having my employer automatically take income from paycheck to put into my 403b account, it would be nice to have that income be able to show up on the net income report. I can have it show up on the spending plan income currently, but not the net income report.

Best Answer

  • lklopp
    lklopp Member
    Answer ✓

    Thanks for the comments! I did end up figuring out the problem. I was able to uncheck both the "Exclude from spending plan" and "exclude from reports" for the specific transactions that were imported from my 401k/403b contributions (personal contribution and company match). The income from those deposits now shows up on the net income report. The line item for those contributions under "Active" had to show as a "payment/Deposit" to allow for those checkboxes to be unchecked. Other transactions I see have those checkboxes greyed out if it is not showing as a "payment/deposit"

Answers

  • UrsulaA
    UrsulaA Superuser ✭✭✭✭

    Simplifi User Since Nov 2023

    Minter 2014-2023

    Questionable Excel before 2014 to present

  • SRC54
    SRC54 Member ✭✭✭✭

    How are you entering the transaction, i.e., your paycheck? I enter a salary, then subtract taxes, insurance and transfer to retirement. This way the gross income is correct. Your net income is what is the total of the paycheck is. Is that what you want a report to show? The reports I see show what's leftover at the end of the month as your net income.

    I am probably not understanding you so forgive me. It may also be that you get a matching amount from your employer that goes into your retirement. That too is income but not taxable.

    Sorry if I have it muddled.

    Steve
    Quicken Simplifi Since 2021
    MS Money/Quicken Classic Since 1991

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