Edit One-time Incoming Transfers

A transfer adds resources once; it is not a recurring benefit

Use this editor for a genuine cash gift, inheritance, insurance proceeds, confirmed non-taxable tax refund, or similar one-time receipt. Give it a recognizable name, choose the closest supported type, identify the recipient, and enter the expected date and amount.

Salary, pensions, periodic trust distributions, rent, and other continuing payments belong in Income & Benefits. Sale proceeds should be modeled through the asset or transaction that produces them when supported, rather than as an unexplained transfer.

Enter the amount expected to become household cash in that year

The date places the receipt in an annual projection period. Enter the amount available to the household under the assumption being tested. If the gross estate, policy, or settlement amount will be reduced before receipt, keep those costs and uncertainties visible instead of treating the headline value as spendable cash.

Recipient identifies the person receiving the transfer. It does not establish legal title, basis, beneficiary rights, or tax reporting. Those facts still require the governing documents and current professional advice.

The supported transfer types are treated as non-ordinary household cash flow

YARCalc does not automatically calculate estate, gift, foreign, trust, settlement, employer, basis, or other unusual reporting consequences for these entries. The transfer’s presence in the projection is not a conclusion that it is tax-free or legally available.

Use Other non-taxable transfer for a tax refund only after confirming that the amount should not enter ordinary taxable income in the modeled year. If all or part of a refund or windfall is taxable, represent the taxable portion as a one-year Other benefit under Income & Benefits instead of hiding it in a non-taxable transfer.

When tax or timing uncertainty could change the decision, compare a conservative amount or later date in a What-if. Do not create offsetting income and expense entries that obscure what the transfer represents.

Confirm the receipt appears once and in the intended year

Save the transfer entry and inspect Projection around the transfer date. Confirm that household resources increase once, that the amount is not also represented in an account balance, and that spending or investment decisions do not begin before the money is available.

To remove an entry, mark Remove and save the page. The new saved plan no longer uses it, while earlier saved revisions retain their historical inputs.