For the principal taxpayer, all income from paid employment, including tips, bonuses, and the like.
For the spouse of the taxpayer, all income from paid employment, including tips, bonuses, and the like.
Interest paid on savings accounts and other financial investments, other than tax-exempt interest.
Interest on instruments such as municipal bonds that is exempt from the federal individual income tax.
Qualified dividends received. Enter non-qualified dividends as taxable interest income.
Gains on assets held for longer than one year. Enter short-term capital gains as taxable interest income.
Taxable portion of payments during retirement from plans (pension, 401(k), etc.) tied to previous employment.
All benefits for retirees, survivors, and dependents.
Health insurance premiums paid by employers (including any employee amount paid with pre-tax dollars).
Income from all other taxable sources.
Net income from a sole proprietorship, partnership, S corporation, limited liability company, or other business. All net income will be treated as earned by the primary taxpayer for purposes of calculating self-employment payroll taxes.
Professional services businesses are those in which the principal asset is the reputation or skill of its employees, e.g. doctors, lawyers, accountants, etc..