Income, Expenses, Contributions, and Distributions Section

[Kathleen Reynolds]

#4306

Use this section to enter information about income, expenses, contributions to accounts, and distributions from the accounts. To add a new item to the list, click the appropriate Add button. The Add buttons are displayed underneath the list box.

You do not have to enter any items for required minimum distributions. Those are calculated automatically. However, if the minimum distributions are to be started after the year the owner reaches RMD status (age 70½ for birthdates on or before 6/30/1949 and age 72 for birthdates on or after 7/1/1949), be sure to click the appropriate button in the When to Start Required Minimum Distributions section.

 

Click for more information about entering:

• Income
• Expense
• Contribution
• Distribution

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