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Compute Your Income Chart

Follow these guidelines to accurately compute your income on the form.

• Count all of your regular income from all sources; your take-home pay (after taxes), your spouse's pay, part-time job, support, alimony, pensions, social security, etc.
• Do not include overtime, bonuses or other irregular payments.
• Count only the income from four-week months. If you are paid weekly or biweekly, you will receive extra paychecks during some months because of the way the calendar falls.  Deposit these extra paychecks into savings.  Don't base your budget on them.
• If you are self-employed, take an average of the last three years of your net profits and use it as your income.
• Add up all your income and enter this amount on the Total Income line in the lower right corner of the Budget Analysis Sheet.

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