Brokerage Cash Withdrawal
Record this when you take cash out of your brokerage account for personal use.
What you enter
| Field | Required | Description |
|---|---|---|
| Amount | Yes | Total amount withdrawn |
| Date | Yes | When the withdrawal occurred |
| Borrowed amount | No | Portion from borrowed cash. Default: max(0, amount - personal cash) — personal first. Shown when cash is available |
| Margin | Margin-enabled shortfall | Amount covered by brokerage margin when the withdrawal exceeds available cash |
What happens
If the brokerage is in cash state and the withdrawal is within available cash:
- Borrowed cash in brokerage decreases by the borrowed portion
- Personal cash in brokerage decreases by the personal portion
- Credit-side balances are unchanged — the debt was already non-deductible
By default the app uses personal cash first. You can override the split with the Borrowed amount field.
If margin is enabled and the withdrawal exceeds available brokerage cash, the shortfall becomes non-deductible margin debt because the borrowed funds were used for personal purposes.
If the brokerage is already in margin state, the full withdrawal increases non-deductible margin debt.
Common questions
What if I only want to withdraw personal cash? Keep the amount within your personal cash balance. The app uses personal cash first, so as long as you don't exceed it, no borrowed cash is affected.
What if I withdraw more than my brokerage cash? If margin is off, the app will block the withdrawal. If margin is enabled, the shortfall becomes non-deductible margin debt.
Can I reverse a withdrawal? Edit or delete the event. The app will recalculate all subsequent balances.
Learn more
- Brokerage margin — how margin-backed withdrawals are tracked
- Mixed HELOC use — how personal use of borrowed funds affects deductibility