In microsoft.public.money, John wrote:

- quote -

I would select Other Income as the Category and create "Dad's IRA"
as the Subcategory. In setting this up, I would select IRA/Pension
Income as the group this falls under.

Alternatively you could choose to make "Dad's IRA" the Category and
initially have no Subcategory.

You are normally going to use the 1099-R data that will be mailed to
you for filling out your actual taxes. The taxable amount will
appear in line 2a, if I read correctly.

I recently inherited an IRA from my father. According to
IRS regulations, I need to take distributions from this
money. There is no penelty in this case; however, the
distributions are taxable. My question is this?

How do you report distributions (withdrawls) from an IRA
in microsoft money? How do show that the withdrawls are
taxable?