Quicken Community is moving to Single Sign On! Starting 1/22/21, you'll sign in to the community with your Quicken ID. For more information: http://bit.ly/CommunitySSO
Transfer shares from conventional IRA to for RMD to a brokerage account with basis step-up
I have Quicken 2016 Premier, Version R14.1 (Build: 22.214.171.124). As part of the RMD from a conventional IRA account, I transferred shares in a security from the IRA to a brokerage account. I want to record the transaction in Quicken, however, I do not want to carry over all the cost basis calculations. This is because the cost basis in the brokerage account should be the latest cost of the security at the time of transfer. How do I record this type of transaction?
This discussion has been closed.