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 <[email protected]> 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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