Best way to accumulate taxable IRA income

[Ed Fields]

Well that picture idea in my original message was not a good idea.

I need a suggestion on how to assign the full IRA Account sale proceeds to
both my Checking Account and also to my IRA Income account (for year end
tax purposes).

I understand how to split up W2 income to the various expense accounts,.
but in this operation, I want 100% of the sale to go to both the Checking
Account and to the IRA Income Account.

I can set the IRA Fund transaction field to send the sale to the Checkbook
or I could send the sale funds to my IRA Income account, but don't see how
to send the full amount to both of those accounts.

My workaround is to manage the IRA Income Account manually and to leave its
transaction field at Imbalance-USD.

Can anyone suggest an alternative method here?

Thanks again for your time.
ed

p.s.
I have done a search in the archives for managing retirement fund income
but cannot find my solution.

On Wed, Sep 23, 2015 at 5:32 PM, Ed Fields <ed at efields.com> wrote:

> Hello
> Sometimes a picture is worth a thousand words.
> When I make a deposit in my checking account I generally transfer it from
> the source of the income, as depicted in the first two transactions below.
>   But, how best to handle the third transaction where the deposit must be
> added to the IRA Income account?
>  Must this be done manually and if so, what is the way to manage the
> transfer field?  I use splits for regular income to handle withholding
> taxes and insurance but using splits on this transaction type eludes me, so
> I manage the income account manually.
> Can the Income account be managed using splits?
>
> Thanks
> Ed
>
>
> #1
> IRA Account
>    Date            Description                         Transfer
>      Shares      Price       Buy         Sell
> 09/16/2015  IRA Withdrawal          Assets::Checking Account       (20)
>       5.00                  100.00
>
> ---------------
>
> #2
> Checking Account
>    Date            Description                         Transfer
>                   Deposit   Withdrawal    Balance
>
>                                                                      500.39
> 09/16/2015  IRA Withdrawal      Assets::Investments::IRA Account
> 100.00                        600.39
>
> --------------
>
> #3
> IRA Income
>   Date            Description                         Transfer
>     Charge     Income    Balance
> 09/16/2015  IRA Withdrawal                 Imbalance-USD
>  -----       100.00     100.00
>
>