How to handle an IRA withdrawal

I am trying to set up my 2019 BUDGET. I have an IRA and monthly withdrawals are made from that and direct deposited to my checking account. How do I show this "income" in the BUDGET INCOME area? Right now I show it as a transfer of funds from the IRA account to my checking account, but this does not show in the budget or actuals. Please help.

Best Answer

  • Accepted Answer
    Select Select categories to budget, Transfers In, check FROM: [the IRA account], and select OK
    Quicken user since 1997 
    Premier on Windows 7 

Answers

  • SherlockSherlock SuperUser
    Accepted Answer
    Select Select categories to budget, Transfers In, check FROM: [the IRA account], and select OK
    Quicken user since 1997 
    Premier on Windows 7 
  • Thank you so very much! This worked great!!!!
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