[GNC] Recommended Method of Entry for IRA Distributions

Milton Stern drmoshe5 at gmail.com
Wed Jan 11 17:35:12 EST 2023


Hi,

What would be the recommended method of Entry for an IRA Distribution?

The Distribution is for a personal IRA (not Roth).
The IRA is of Mutual Funds.

The Mutual Fund is in Assets > Investments - Retirement > Brokerage > etc.
> etc.

Since this is taxable income, I need to track withholding (Federal) + Net
Distribution to a Checking Account (Assets > Current Assets).
No Commission fees are applicable, but it would be nice to know where/how
they would be tracked.

Thank you in advance,

Moshe


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