What is the best way to handle IRA distributions where the financial instituion submits taxes?

mitch.lester

What is the best way to handle IRA distributions where the financial institution holds and submits the federal and state taxes on the IRA withdrawal? The net IRA withdrawal is transferred to my bank account, while the broker keeps and sends a percentage of the withdrawal to the federal and state tax authorities.

J_Mike

See this link for recording IRA distributions in QWin:

https://community.quicken.com/discussion/7072150/faq-best-way-to-handle-distributions-from-ira

J_Mike

See this link for recording IRA distributions in QWin:

https://community.quicken.com/discussion/7072150/faq-best-way-to-handle-distributions-from-ira