So I transfer from the investment account to the checking
account – that gets the money correct in the investment account. I still
need to credit RMD income, take out fed taxes and state taxes that have been
withheld for actual usable cash. 1) from investment to checking -full withdrawal amount
Then in checking account 2) withdrawal amount credited to RMD income – fed withholding – state
withholding that gives net which was actually deposited. Then also in checking account 3) a correction entry for the original transaction to correct the balance.