Yearly RMD Total

Shirley Winkler

I don't take my RMD in equal payments and I want to make sure that at the end of the year I have taken what is required. I know my financial company will send me the remainder at the end of the year but I'd like to stay on top of it. I've tried to run a report but even if I change the time period from 1/1/22 to 12/31/22 it only lists past amounts in the report. Ideas????? I think I just resolved it - works for me anyway. I have the RMD amounts listed as scheduled transactions. If I mark them as already paid (even though in the future), they appear on the Tax Report under taxable income.

jacobs

@UKR This question was posted in a Mac category, and I believe Shirley is a Mac user. So your posts for Quicken Windows do not apply.

@Shirley Winkler As you've discovered, scheduled transactions are like a template for future transactions, but each instance of a scheduled transaction does not exist in the database. To run reports on future transactions, you would need to make these actual transactions, not scheduled transactions — and some users do so. You could create a workflow of setting the Status field of your future transactions to "Not Reviewed", or use the Action column to denote future transactions you haven't yet turned into real transactions.

NotACPA

Are you asking that the report include future payments that you haven't taken yet?  How can it possibly know that?

Shirley Winkler

They are scheduled transactions.

UKR

With a proper setting in effect, future instances of scheduled reminder transactions can appear in your Annual Budget view as if they had already occurred. They also appear in the Tax Planner views, but they don't appear in a Tax Summary Report (which is based solely on actual recorded transactions).

Shirley Winkler

What settings. The budget page I’m looking at does not include future deposits.

UKR

Please take a look at the Planning tab / Budgets View / Budget Actions / View options / Include reminders.

When enabled, future reminders will show in the "Actual" columns in their respective months as if the transaction had already occurred.

jacobs

@UKR This question was posted in a Mac category, and I believe Shirley is a Mac user. So your posts for Quicken Windows do not apply.

@Shirley Winkler As you've discovered, scheduled transactions are like a template for future transactions, but each instance of a scheduled transaction does not exist in the database. To run reports on future transactions, you would need to make these actual transactions, not scheduled transactions — and some users do so. You could create a workflow of setting the Status field of your future transactions to "Not Reviewed", or use the Action column to denote future transactions you haven't yet turned into real transactions.

Shirley Winkler

It appears that the Mac & Windows versions are very different. I have requested many times to have a custom date in the Bills & Income tab like the Windows version had when I stopped using it - BUT - it still hasn't been added. Thanks for taking your time to help! I did what was suggested which is to enter the future transactions as being deposited but I leave the review flag set.