Re: [GNC] recording reinvested earnings

Dividend reinvestment is a purchase of shares. The dividend amount is income at least as far as the tax man is usually concerned. As a practical matter, using a broker's dividend reinvestment program, in my personal (cash, not accrual) books, I ignore all the monkey motion (the broker reveals how a

Re: [GNC] recording reinvested earnings

Peter, The real question here becomes whether the dividend income which is reinvested is taxable in your hands in your jurisdiction and to what extent. This will likely depend on whether the company pays its dividends out of taxed or untaxed profit. Most companies would be expected to pay out of t

Re: [GNC] recording reinvested earnings

I have been going through that and working through most of the questions I have had to date. BTW Chapter 9 is about investments and I have that pretty much under control. I have even been able to semi automate the updating of my security prices with out having to go through Alpha Vantage or what

Re: [GNC] recording reinvested earnings

Read the tutorial and Concepts guide, paying close attention to Chapter 9 and particularly to < https://www.gnucash.org/viewdoc.phtml?rev=4&lang=C&doc=guide> On Tue, Mar 30, 2021 at 9:46 PM Peter Parsons wrote: > Is there a convenient way of recording dividend/interest income that is > reinveste

[GNC] recording reinvested earnings

Is there a convenient way of recording dividend/interest income that is reinvested in additional securities?( I could, of course, record an imputed income-in transaction offset by an investment-out transaction) Thanks Peter Parsons Sent from Mail