<topic sku="dlxbiz" tNum="287179" author="leighanw" xmlns="x-schema:hhTopicSchema.xml"><index><title>Learn about the Other Income page in the Lifetime Planner</title><category>lifeplan</category><klink type="cncpt">Tell me about the Other Income page in the Lifetime Planner</klink></index>
<content>
<p>Use the <emph>Other Income</emph> page to tell Money about income you earn outside of your primary career. You can enter other income that you count on now or that you expect in the future. You can also: </p>
<ul>
<li><emph>Tell Money what non-salary income you expect to receive.</emph> Include gifts, inheritance, alimony, child support, pension payments, Social Security benefits, trusts, and so on.</li>
<li><emph>Review or change the details of each income item.</emph> To modify the details of an income item (such as start and end dates, amount, or tax rate), click the item in the list, click <emph>Edit</emph>, and then click the details you want to change.</li>
</ul>
</content>
<footer>
<extend>
<tease>How do I view the <emph>Other Income</emph> page?</tease>
<reveal>
<ol>
<li>On the <emph>Planner</emph> menu, click <emph>Lifetime Planner</emph>.</li>
<li>In the left pane, click <emph>Income</emph>, and then click <emph>Other Income</emph>.</li>
</ol>
</reveal>
</extend>
<extend>
<tease>What doesn't count as income?</tease>
<reveal>
<p>The following items don't count as income:</p>
<ul>
<li><emph>Rental income.</emph> Include rental income in the Accounts & Bills area when you create a house account. <alink type="prcdr" href="SetUpRentalPropertyClassification.xml"/></li>
<li><emph>Investment income.</emph> Include investment income on the <emph>Savings & Investments</emph> pages in the Lifetime Planner. <alink type="prcdr" href="AddanewinvestmentaccounttoSavingsInvestments.xml"/></li>
<li><emph>Employer contributions to a retirement plan.</emph> Include employer contributions in the Accounts & Bills area instead. <alink type="prcdr" href="Trackemployermatchinginaretirementaccount.xml"/></li>
</ul>
</reveal>
</extend>
<extend>
<tease>What about tax refunds?</tease>
<reveal>
<p>Instead of overpaying your taxes and planning on a refund, it makes more financial sense to adjust your withholdings to better match what you owe and to plan on no refund. That way, your money can earn interest for you rather than for the IRS.</p>
