To issue an IRA Distribution via Phone Operator, first transfer the distribution funds using the Transfer feature. Then use the Miscellaneous Receipts feature to post the transactions for state and federal withholding.
Refer to Transfer Funds (Phone Operator) for directions on transferring the distribution.
Be sure to select the appropriate IRA code.
Refer to Issue Miscellaneous Receipt (Phone Operator) for directions on posting the transactions for state and federal withholding. (Follow these directions two times to post both federal and state withholding transactions, if necessary.) If you need to calculate a percentage, you will need to use a calculator.
Submit your own step-by-step instructions.
Request a revision to our instructions.
Ask us a question in AnswerBook.
To bookmark this page, use this address:
http://www.cuanswers.com/doc/stepbystep/stepbystep.htm#Issue_IRA_Distribution_via_Phone_Operator.htm