Hey so I have noticed something I’m not sure about. Throughout the year when I record my distributions from my ETFs (for eg VDHG) I make sure the net payment amount is correct, with the dividend price per share. Then when I receive my tax report, I enter the tax components for the ETF in sharesight. I’m noticing 2 things:
- When I update the amounts, the net distribution payment in that FY changes, sometimes by a couple cents and other times up to $10. For eg, VDHG on 01/04/22, paid $0.7526 per share (according to my statement at the time) with 214 securities I received a net payment of $161.06. I recorded this correctly in sharesight but after entering the tax components the net payment comes up as $165.76, a $4.7 difference. Looking at the amount per share it is still $0.7526 though.
So my question for this is…is that expected? I can acknowledge ETFs confuse me a lot, but even if cost base and stuff changes I can’t understand why the net payment would change. It’s not like it’s balancing out in the rest of the financial year either.
- I’m noticing that when I enter the tax components, it refuses to accept some values. If I update all values, (including zero values), it’s usually out by a couple cents, and this is because it will have changed some input fields to have on or two cents more or less. No way to lock it in at what I set it.
Any thoughts would be greatly appreciated thanks! I keep a personal spreadsheet as well that I record, which doesn’t account for AMIT, and am starting to wonder if I should be updating the net payments in there to match the incorrect ones on share sight.