Monthly annuity withdrawals - Categorizing activity (sales, taxes, and bank deposits)

[heather]

@ra4gto

Can you take a look at this topic and let me know if it answers your question here or at least points you in the right direction?

How to categorize IRA withdrawals

I am wondering how to categorize IRA withdrawals. For a single transaction, I get 4 entries in my Transactions sheet. Here is an example. The 4 entries are listed order by Amount/Financial Entity/Numeric Sign: $3,003.00 / Bank (Checking Account) / Positive $3,003.00 / IRA Account / Negative $847.00 / IRA Account / Negative $3,850.00 / IRA Account / Positive What this represents is is a withdrawal of $3,850.00 from the IRA, paying $847.00 in taxes, resulting in $3,003.00 going into my checki…