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This is the report to run when you want a report that lists realized gains from investment transactions. The Capital Gains report lists your long-term and short-term capital gains for securities sold during a specified time period.

To get an accurate Capital Gains report, you must specify the date or dates you bought the shares you sold and the actual cost basis of those shares. If you haven't already specified the lots to be sold, edit the Sell transaction, and then click Specify Lots to select the shares that were sold. Quicken then calculates the actual cost basis based on the shares you selected.

If you sold only part of your shares of a security in one account, Quicken assumes that the ones you sold are the ones you've held the longest, unless you specifically identified some other lot for selling.

Quicken doesn't distinguish wash sales from other sales. (A wash sale is a sale at a loss within 30 days of acquiring the same security. Special tax rules apply.)

After creating this report, you can export the report to a file to use with tax preparation software.

You can run a Schedule D report (Quicken Premier, Home & Business, and Rental Property only) to see realized gains or losses, loss carryovers, and long-term capital gains distributions for securities. Otherwise, you need to run the Capital Gains report, and then transfer the information from the Capital Gains report to your Schedule D form. To create this report for Schedule D capital gains and losses (after you've entered all prior history for any security you've sold), subtotal by short-term vs. long-term gain. Select only those accounts that have taxable capital gains (for example, exclude IRAs).