10-15-2004, 06:14 PM
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 Re: Early withdrawal from IRA In microsoft.public.money, falsedawn2[at]hotmail.com wrote: - quote - > I using IRS Rule 72(t) to pull money from an IRA to my checking
You can assign a Category.> account. How should I set this up? Money 2002 shows the withdrawal as > an expense (transaction downloaded from Fidelity), which really warps > my Reports, since it is unclassified. - quote - > Should it instead be treated as
You could create an income category for that transaction.> a transfer from IRA to checking? If I do that, Money doesn't allow me > to classify it as an early IRA withdrawal (for tax purposes). - quote - > John |
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#-1
10-15-2004, 06:02 PM
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| Early withdrawal from IRA I using IRS Rule 72(t) to pull money from an IRA to my checking account. How should I set this up? Money 2002 shows the withdrawal as an expense (transaction downloaded from Fidelity), which really warps my Reports, since it is unclassified. Should it instead be treated as a transfer from IRA to checking? If I do that, Money doesn't allow me to classify it as an early IRA withdrawal (for tax purposes). John |
| Tags |
| early, ira, withdrawal |
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