The program allows you to include taxable income, such as social security benefits, to an analysis. If you want to include an income source, enter it as an Income Item on the Income and Expenses section. If you’re using the AGI method for calculating income taxes, make sure you don’t include in that AGI any income items which you’ve added to income and expenses.
For example, let’s say a plan owner has a total income of $60,000, but you only want to include $10,000 in the analysis. Enter $50,000 as an AGI (in the Taxes section) and a $10,000 income under income and expenses.
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