[GNC] IRA/401K income detection
Steve Butler
stephen.m.butler51 at gmail.com
Thu Mar 10 14:42:48 EST 2022
I made a subaccount under the asset in which to record the distributions.
That subaccount is cleaned out each year by an adjusting transaction that
moves that to the main account. That way the balance sheet year end report
shows the yearly distribution amount. Makes it easy to pick off and send
to the CPA.
On Thu, Mar 10, 2022, 11:11 David G. Pickett via gnucash-user <
gnucash-user at gnucash.org> wrote:
> When I move money from an IRA or 401K account to my bank account and the
> tax man, that is all a taxable distribution, but GNUCash mostly sees a
> transfer. How do I capture the income?
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> To update your subscription preferences or to unsubscribe:
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> If you are using Nabble or Gmane, please see
> https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
>
More information about the gnucash-user
mailing list