Job Income

We’re asking this question to find out how much money the people in your home get from their jobs. If you don’t know the exact answer to these money questions, give the best answer you can. Keep in mind giving us more accurate information allows us to give you more accurate answers..

The most important thing to keep in mind is that we need to know the amount each person earns before any taxes or other deductions are taken out of their paycheck. This amount is called "gross pay". You can be sure to tell us the right gross amount by telling us their hourly wage, their annual salary, or by looking on their pay stub for the gross amount they earn each month or pay period.

We’ve given each person four lines in case the person works at more than one job or more than one business. Just use as many as you need and leave the rest blank. To answer the questions:

1. First, choose the kind of wage or salary:

 

 

2. Tell us the amount you get paid for the type of wage you chose:

 

 

3. If you chose hourly, tell us how many hours you work each week:

 

 

    A few notes for people who are self-employed:

 

 

Business expenses are the costs related to running your business such as rent, fuel, utilities, materials, supplies, and equipment.  They do not include depreciation on property or equipment.   These items would usually be listed on an IRS Schedule C of Form 1040