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Accounting for IRA Distributions -- still not working
I'm adding this question to a previous thread that was closed. I can see how you did the split transaction in the destination bank account to subtract taxes. I think what you're saying is you have to record as a deposit, with no direct transfer linking between the IRA account and the bank account. If I record the gross distribution as a transfer from account to account, then I'm left with a remaining uncatagorized amount equal to the gross distribution, which is not messes everything up. So I think you're saying I have to record the transfer as disconnected account withdrawal and deposit, not a transfer?
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