[GNC] IRA/401K income detection

[David G. Pickett]

I understand that one characteristic/weakness of the double entry system is that you cannot tag a transfer with an income or expense account.  Still, accounting programs help prepare 1099R's, so there must be a way.  Keeping deferred tax items a separate set of books would make income visible but assets would be divided.


It'd be nice if there was some sort of account tax tag so transfers from pretax/tax deferred accounts to normal accounts would show on the tax report.

My traditional 401k/IRA stuff is pure pretax, which I suspect is the overwhelming norm.  Of course, my Roth is tax free!  I am just too old/retired to put much into it!