I have a taxable investment account and an IRA. Every month RMD (required minimum distribution) is taken from my IRA and added to my investment account after Tax withholding. I am not sure how to post this transaction. Right now I have:
2006-01-02 * "RMD from IRA" Assets:IRA -100 USD Expenses: Taxes. 20 USD Income:RMD. 80 USD 2006-01-02 * "Transfer from IRA" Assets:InvestmentAC. 80 USD Income:RMD. -80 USD The problem I want to record RMD as income, but with the above postings, the income account is net zero. What am I doing wrong? Or maybe I just cant record it as income, although it will appear as income on my Tax Return. -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/f9c5ff43-3919-4d5f-8860-e0ced4b86008n%40googlegroups.com.
