On 3/16/2022 7:03 PM, Gyle McCollam wrote:
Michael has the right approach. Recording this when taking income involves 4 account. However, don't forget that if it is coming from a Roth IRA there is no tax. 401K and Traditional IRA will involve a tax liability, but that is a whole other animal.
Right about the Roth. But note that was an "after tax" contribution. Didn't go into deferred income so doesn't come out. Note that there COULD also have been after tax contributions to a 401K
Michael Novack _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
