[GNC] "Realized Gains" in 401(k)

[Sherlock]

Interesting.  We use scheduled transactions to project future income and 
a spreadsheet to estimate tax payments.

On 6/11/26 2:02 PM, Adam H. Kerman wrote:
> 2:49pm -0000 06/11/26 Sherlock <sh025622 at gmail.com> wrote:
> 
>> We track distributions from traditional retirement accounts as deferred
>> income by adding a pair of balanced splits to the transfer transaction.
> 
>> For example:
> 
>> Assets:Banking:Checking		100.00
>> Assets:Investing:IRA			100.00
>> Income:Deferred			100.00
>> Income:Deferred:IRA			100.00
> 
>> Income:Deferred:IRA is flagged as "Tax Related" with the "F1099-R IRA total
>> dist - taxable" TXF category.
> 
> Your accounts are going to balance with this approach, sure. But I'm
> entering RMD as a liability when it becomes known, with a January 1 date, to
> track it within the bookkeeping program as there are taxes to pay.