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Topic starter April 14, 2024 10:54 pm
Newbie setup questions: Do I set up an income stream for the income earned by regular investment accounts? This is really just investment appreciation and not real income, but it has an impact on taxes. Same question for IRA distributions that fund our life in retirement - how does that reflect in the system?
April 15, 2024 7:11 am
@jerrywhite518gmail-com No, you do not need to set up income streams for these; PRC generates the dividend and interest income based on your settings on the Financial Assets > Asset Class Taxation page and you can observe the resulting amounts on the Tabular Projections > AGI page. PRC also generates the RMDs from your IRAs and those can be observed on the Tabular Projections > Withdrawals page as well as the > AGI page.
Stuart
