<topic sku="dlxbiz" tNum="287161" author="leighanw" xmlns="x-schema:hhTopicSchema.xml"><index><title>Enter self-employment income in your lifetime plan</title><category>lifeplan</category><klink type="prcdr">How do I enter self-employment income in my lifetime plan?</klink></index>
<content>
<ol>
<li>On the <emph>Planner</emph> menu, click <emph>Lifetime Planner</emph>.</li>
<li>In the left pane, click <emph>Income</emph>.</li>
<li>Click <emph>Your Name Career</emph> or <emph>Your Partner's Name Career</emph>.</li>
<li>If you've used the Paycheck wizard to enter your gross pay in Money, do the following:</li>
<ul>
<li>Click <emph>change the link to your paychecks</emph>.</li>
<li>Click <emph>Calculate my salary by adding the paychecks selected below</emph>.</li>
<li>Select the paychecks from your career.</li>
<li>Click <emph>OK</emph>.</li>
</ul>
<li>If you haven't used the Paycheck wizard, do one of the following:</li>
<ul>
<li>If you know your annual salary, enter it in the <emph>Annual gross salary</emph> box.</li>
<li>If you know your regular amount of pay and bonuses, click <emph>quick calculation</emph>, enter the requested information, and then click <emph>OK</emph>.</li>
</ul>
<li>Select the <emph>I am self-employed</emph> check box.</li>
</ol>
</content>
<footer>
<extend>
<tease>There are three ways to enter my annual salary. Which is the best way?</tease>
<reveal>
<p>It's best to enter information about your paycheck using the Paycheck wizard, and then clicking <emph>change the link to your paycheck</emph>. This way, as you update information about your paycheck, Money automatically updates information in your lifetime plan. You can also schedule your paycheck deposits. <alink type="prcdr" href="Schedulemypaycheckdeposit.xml"/></p>
</reveal>
</extend>
<extend>
<tease>What if I'm not paid regularly or not paid a consistent amount?</tease>
<reveal>
<p>If you don't know exactly how much you'll earn, it's OK to estimate. You can always adjust the amount later.</p>