Quicken 2002, XG, 2004

How do I determine how much interest has been paid on a loan since the beginning of the year?

For tax purposes, you can create an Itemized Categories report to see how much interest you have paid on a loan since the beginning of the year.

To create an Itemized Categories report:

• From the Quicken Reports menu, choose Cash Flow, and then choose Itemized Categories.
• From the Date Range drop-down list, confirm that the date range is Year to date. This report will contain all of your figures under the Interest Exp category.

To narrow the report further:

• Within the Itemized Categories window, click the Customize button.
• Click the Accounts tab.
• Click the Clear All button.
• In the Account section, select the account from which you make loan payments. A checkmark will appear beside the account name.
• Click the Categories tab.
• Click the Clear All button.
• In the Select Categories section, scroll until you see the Interest Exp category, and then click the checkbox to select it. If you use a different category for your loan interest payments, such as Mortgage Int, select that category instead.
• Click OK. The total for Interest Exp shows you how much interest you have paid so far this year.