[GNC] IRA/401K income detection

[Michael or Penny Novack]

On 3/16/2022 7:03 PM, Gyle McCollam wrote:
> Michael has the right approach.  Recording this when taking income involves 4 account.  However, don't forget that if it is coming from a Roth IRA there is no tax.  401K and Traditional IRA will involve a tax liability, but that is a whole other animal.

Right about the Roth. But note that was an "after tax" contribution. 
Didn't go into deferred income so doesn't come out. Note that there 
COULD also have been after tax contributions to a 401K

Michael  Novack