IRA [non] Contributions

Glen Raggio
Glen Raggio Member ✭✭✭
edited March 2023 in Investing (Windows)

My mother-in-law died last year. She had a traditional IRA in place. We want to change brokerage house. When I use the Cash Transferred IN/OUT of Account menu option QW asks that since this ContribX is before 4/15 is this cash transfer for 2022 or 2023. It is neither. It is the cash balance remaining in the account to be transferred to the other FI.

How do I get QW to just accept this a transfer and not an IRA contribution. The IRA will be subject to 10-year RMD


  • q_lurker
    q_lurker SuperUser ✭✭✭✭✭

    What I have done is transfer shares of a $1 MM fund buying and selling as might be applicable in each account.

  • Rocket J Squirrel
    Rocket J Squirrel SuperUser ✭✭✭✭✭

    You could enter a Deposit in one account and a Withdrawal in the other, i.e., use a pair of categorized transactions instead of a single transfer. Use the same category for both so they cancel out.

    Quicken user since version 2 for DOS, now using QWin Biz & Personal Subscription (US) on Win10 Pro.

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