[GNC] Retirement funds accounting rule
Sherlock
sh025622 at gmail.com
Thu Jun 11 17:17:29 EDT 2026
I think RMDs may be used.
See: https://www.google.com/search?q=loan+using+RMD+as+income
On 6/11/26 1:51 PM, Adam H. Kerman wrote:
> 3:08pm -0000 06/11/26 Sherlock <sh025622 at gmail.com> wrote:
>
>> If I'm following you correctly, the approach described in the early thread
>> should work. Any withholding can be included in the transaction.
>
>> See: https://lists.gnucash.org/pipermail/gnucash-user/2026-June/120857.html
>
> Exactly. I read and replied in that thread and similar threads.
>
> But I'm looking for an actual accounting principle to cite to get the loan
> officer to submit the potential fund distributions as ordinary income on the
> loan application since the loan itself requires the borrower to show future
> income and not assets.
>
> Sometimes list subscribers know these citations. I haven't found what I need
> yet.
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