Thanks for your responses... I am also retired. These are ongoing monthly distributions from multiple brokerage accounts. I am downloading from both the brokerage account as well as my bank. Since these are automatically deposited from brokerage to bank account they then show up there and Quicken categorizes them as transfers. When I try to change the category of the transaction in my checking account to income then Quicken indicates that if I change the category then the transaction will be deleted.
-splasher using Q continuously since 1996
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Isn't this the situation where the transfer from the tax-deferred account has to be to a cash account for the proper tax categorization?If so, then I suggest doing the transfer from investment account to cash and then from cash to checking.