How does one record a RMD?

Allow me to assist you with recording the Required minimum distributions (RMD) in QuickBooks Online (QBO), @grnmjc. 

I recommend consulting your tax professional or an accountant to determine the proper treatment of the distribution amount you've received. 

Since RMD amounts are treated as taxable income, I suggest creating an income account in your Chart of accounts. You can follow these steps: 

1. Go to Settings ⚙ and select Chart of Accounts.
2. Select New.
3. Enter an Account name.
4. Choose Income under the Account type, then select the Detail type from the dropdowns.
5. Once done, click Save.

After creating an account, you can record it as either a Journal entry or a Bank deposit.

Moreover, there are lists of QBO reports available in Modern View that will help you a smooth transition over the rest of the year.

I'm here to answer whatever questions you have related to RMDs and any QuickBooks-related concerns. Have a good one.