I made an RMD withdrawal from my IRA. This IRA is a mutual fund. I track this IRA as an Investment account in Q 10. I told the fund to deduct 10% of the withdrawal for federal taxes. I also instructed them to transfer the 90% to my Money Market account which is also held by them and tracked by me in Q10. Assuming the total withdrawal amount was for $5,000 at a share price of $2 for 2,500 shares. This means they held $500 for federal taxes at $2 for 250 shares. The transfer details to my MMA was $4,500 at $2 per share for 2,250 shares. The entry for the MMA account is an input of $2,250 @ $1 per share.
How do I handle the withdrawal from the IRA and the transfer to the MMA account? And how do I handle the federal tax transaction? Thanks for any and all help.