Accounting Treatment of Taxable IRA Distributions
Jay Ridgley
jridgley2 at austin.rr.com
Sat May 4 04:12:04 EDT 2013
Folks,
Well it it is finally time that I move money from my IRA to my checking account...
IRA Cash Holdings ---> IRA Distributions(Taxable)
IRA Distributions(Taxable) ---> Checking Account
The IRA Distributions(Taxable) account is an Income Account, correct? How do I
get the money that is transferred to it to show as such.
When I attempt to move money from the IRA Cash Holdings account to IRA
Distributions(Taxable) it shows up there as a Charge not as Income. Why?
I am Running 2.4.10 on Ubuntu 12.04-4
Cheers,
Jay
--
Jay Ridgley
jridgley2 at austin.rr.com
Registered Linux User ID - 9115
https://linuxcounter.net/cert/9115.png
Registered Ubuntu User ID - 23320
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