Income and Expense Values Used In Sample Scenarios

Single

income expenses
Total income

Wage and Salary

Wage and Salary of Spouse

Social Security Benefits Pension Dividends Taxable Interest Tax Exempt Interest Business Income Capital gains Employer Provided Health Benefits Other Mortgage Interest State & Local Tax Payments Charitable Contributions College Expenses Childcare Expenses
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. All benefits for retirees, survivors, and dependents. Regular payments during retirement from plans tied to previous employment. Qualified dividends received. Enter non-qualified dividends as "Other Income." 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. Income from a sole proprietorship, partnership, S corporation, limited liability company, or other business. Profits from the sale of capital assets such as stocks, bonds, or real estate that the taxpayer has owned for more than one year. Health insurance premiums paid by employers. Income from all other taxable sources, including short-term capital gains, business income net of expenses, gambling winnings net of losses, and others. Interest paid on home mortgages or home equity loans. Income and property tax payments to state and local governments (or sales taxes paid if state has no income tax). Donations to charitable organizations or causes. Total amount of tuition and fees expenses paid for all family members attending college. Childcare expenses for all children under age 13.
Low Income Level $5,000 Wage and Salary $5,000.0 Wage and Salary of Spouse $0.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $0.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $0.0 Other $0.0   Mortgage Interest $0.0 State & Local Tax Payments $700.0 Charitable Contributions $0.0 College Expenses $0.0 Childcare Expenses $0.0
Medium Income Level $16,000 Wage and Salary $16,000.0 Wage and Salary of Spouse $0.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $0.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $0.0 Other $0.0   Mortgage Interest $0.0 State & Local Tax Payments $1,100.0 Charitable Contributions $0.0 College Expenses $0.0 Childcare Expenses $0.0
High Income Level $42,800 Wage and Salary $42,800.0 Wage and Salary of Spouse $0.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $0.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $4,600.0 Other $0.0   Mortgage Interest $0.0 State & Local Tax Payments $2,300.0 Charitable Contributions $0.0 College Expenses $0.0 Childcare Expenses $0.0
Very High Income Level $129,000 Wage and Salary $129,000.0 Wage and Salary of Spouse $0.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $0.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $4,900.0 Other $0.0   Mortgage Interest $11,900.0 State & Local Tax Payments $15,300.0 Charitable Contributions $0.0 College Expenses $0.0 Childcare Expenses $0.0
Highest Income Level $420,500 Wage and Salary $411,400.0 Wage and Salary of Spouse $0.0 Social Security Benefits $0.0 Pension $2,700.0 Dividend $3,300.0 Taxable Interest $3,100.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $5,500.0 Other $0.0   Mortgage Interest $13,500.0 State & Local Tax Payments $23,600.0 Charitable Contributions $4,400.0 College Expenses $0.0 Childcare Expenses $0.0

Married, two children, one under 5, one 13-16

income expenses
Total income

Wage and Salary

Wage and Salary of Spouse

Social Security Benefits Pension Dividends Taxable Interest Tax Exempt Interest Business Income Capital gains Employer Provided Health Benefits Other Mortgage Interest State & Local Tax Payments Charitable Contributions College Expenses Childcare Expenses
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. All benefits for retirees, survivors, and dependents. Regular payments during retirement from plans tied to previous employment. Qualified dividends received. Enter non-qualified dividends as "Other Income." 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. Income from a sole proprietorship, partnership, S corporation, limited liability company, or other business. Profits from the sale of capital assets such as stocks, bonds, or real estate that the taxpayer has owned for more than one year. Health insurance premiums paid by employers. Income from all other taxable sources, including short-term capital gains, business income net of expenses, gambling winnings net of losses, and others. Interest paid on home mortgages or home equity loans. Income and property tax payments to state and local governments (or sales taxes paid if state has no income tax). Donations to charitable organizations or causes. Total amount of tuition and fees expenses paid for all family members attending college. Childcare expenses for all children under age 13.
Low Income Level $43,600 Wage and Salary $36,500.0 Wage and Salary of Spouse $7,100.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $0.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $8,900.0 Other $0.0   Mortgage Interest $0.0 State & Local Tax Payments $2,000.0 Charitable Contributions $0.0 College Expenses $0.0 Childcare Expenses $3,500.0
Medium Income Level $82,300 Wage and Salary $64,600.0 Wage and Salary of Spouse $17,600.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $100.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $13,700.0 Other $0.0   Mortgage Interest $7,500.0 State & Local Tax Payments $5,800.0 Charitable Contributions $1,600.0 College Expenses $0.0 Childcare Expenses $4,300.0
High Income Level $147,900 Wage and Salary $110,500.0 Wage and Salary of Spouse $37,000.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $400.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $12,800.0 Other $0.0   Mortgage Interest $11,400.0 State & Local Tax Payments $11,800.0 Charitable Contributions $3,100.0 College Expenses $0.0 Childcare Expenses $4,600.0
Very High Income Level $894,200 Wage and Salary $417,000.0 Wage and Salary of Spouse $158,600.0 Social Security Benefits $0.0 Pension $0.0 Dividend $4,100.0 Taxable Interest $4,800.0 Tax Exempt Interest $0.0 Business Income $288,300.0 Capital Gains $21,400.0 Employer Provided Health Benefits $14,900.0 Other $0.0   Mortgage Interest $15,400.0 State & Local Tax Payments $55,500.0 Charitable Contributions $17,000.0 College Expenses $0.0 Childcare Expenses $7,300.0
Highest Income Level $4,636,100 Wage and Salary $933,300.0 Wage and Salary of Spouse $189,600.0 Social Security Benefits $0.0 Pension $0.0 Dividend $62,800.0 Taxable Interest $92,900.0 Tax Exempt Interest $0.0 Business Income $1,081,400.0 Capital Gains $2,276,100.0 Employer Provided Health Benefits $23,100.0 Other $0.0   Mortgage Interest $13,700.0 State & Local Tax Payments $342,700.0 Charitable Contributions $27,500.0 College Expenses $0.0 Childcare Expenses $7,500.0

Married, Elderly

income expenses
Total income

Wage and Salary

Wage and Salary of Spouse

Social Security Benefits Pension Dividends Taxable Interest Tax Exempt Interest Business Income Capital gains Employer Provided Health Benefits Other Mortgage Interest State & Local Tax Payments Charitable Contributions College Expenses Childcare Expenses
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. All benefits for retirees, survivors, and dependents. Regular payments during retirement from plans tied to previous employment. Qualified dividends received. Enter non-qualified dividends as "Other Income." 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. Income from a sole proprietorship, partnership, S corporation, limited liability company, or other business. Profits from the sale of capital assets such as stocks, bonds, or real estate that the taxpayer has owned for more than one year. Health insurance premiums paid by employers. Income from all other taxable sources, including short-term capital gains, business income net of expenses, gambling winnings net of losses, and others. Interest paid on home mortgages or home equity loans. Income and property tax payments to state and local governments (or sales taxes paid if state has no income tax). Donations to charitable organizations or causes. Total amount of tuition and fees expenses paid for all family members attending college. Childcare expenses for all children under age 13.
Low Income Level $32,100 Wage and Salary $2,800.0 Wage and Salary of Spouse $0.0 Social Security Benefits $25,100.0 Pension $4,200.0 Dividend $0.0 Taxable Interest $0.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $0.0 Other $0.0   Mortgage Interest $0.0 State & Local Tax Payments $2,000.0 Charitable Contributions $0.0 College Expenses $0.0 Childcare Expenses $0.0
Medium Income Level $58,200 Wage and Salary $6,200.0 Wage and Salary of Spouse $0.0 Social Security Benefits $31,400.0 Pension $19,400.0 Dividend $0.0 Taxable Interest $1,200.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $0.0 Other $0.0   Mortgage Interest $0.0 State & Local Tax Payments $3,700.0 Charitable Contributions $1,800.0 College Expenses $0.0 Childcare Expenses $0.0
High Income Level $103,200 Wage and Salary $24,600.0 Wage and Salary of Spouse $0.0 Social Security Benefits $30,000.0 Pension $42,600.0 Dividend $3,600.0 Taxable Interest $2,400.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $0.0 Other $0.0   Mortgage Interest $2,500.0 State & Local Tax Payments $6,100.0 Charitable Contributions $4,700.0 College Expenses $0.0 Childcare Expenses $0.0
Very High Income Level $601,500 Wage and Salary $244,500.0 Wage and Salary of Spouse $24,800.0 Social Security Benefits $32,000.0 Pension $219,900.0 Dividend $11,900.0 Taxable Interest $10,300.0 Tax Exempt Interest $15,500.0 Business Income $0.0 Capital Gains $42,600.0 Employer Provided Health Benefits $0.0 Other $0.0   Mortgage Interest $10,700.0 State & Local Tax Payments $20,000.0 Charitable Contributions $6,600.0 College Expenses $0.0 Childcare Expenses $0.0
Highest Income Level $4,333,800 Wage and Salary $353,900.0 Wage and Salary of Spouse $26,100.0 Social Security Benefits $42,100.0 Pension $858,500.0 Dividend $769,800.0 Taxable Interest $27,500.0 Tax Exempt Interest $110,000.0 Business Income $382,500.0 Capital Gains $1,763,400.0 Employer Provided Health Benefits $0.0 Other $0.0   Mortgage Interest $21,600.0 State & Local Tax Payments $194,800.0 Charitable Contributions $98,600.0 College Expenses $0.0 Childcare Expenses $0.0

Head of Household, two children, one under 5, one 13-16

income expenses
Total income

Wage and Salary

Wage and Salary of Spouse

Social Security Benefits Pension Dividends Taxable Interest Tax Exempt Interest Business Income Capital gains Employer Provided Health Benefits Other Mortgage Interest State & Local Tax Payments Charitable Contributions College Expenses Childcare Expenses
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. All benefits for retirees, survivors, and dependents. Regular payments during retirement from plans tied to previous employment. Qualified dividends received. Enter non-qualified dividends as "Other Income." 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. Income from a sole proprietorship, partnership, S corporation, limited liability company, or other business. Profits from the sale of capital assets such as stocks, bonds, or real estate that the taxpayer has owned for more than one year. Health insurance premiums paid by employers. Income from all other taxable sources, including short-term capital gains, business income net of expenses, gambling winnings net of losses, and others. Interest paid on home mortgages or home equity loans. Income and property tax payments to state and local governments (or sales taxes paid if state has no income tax). Donations to charitable organizations or causes. Total amount of tuition and fees expenses paid for all family members attending college. Childcare expenses for all children under age 13.
Low Income Level $9,200 Wage and Salary $9,200.0 Wage and Salary of Spouse $0.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $0.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $0.0 Other $0.0   Mortgage Interest $0.0 State & Local Tax Payments $1,700.0 Charitable Contributions $0.0 College Expenses $0.0 Childcare Expenses $100.0
Medium Income Level $22,400 Wage and Salary $22,400.0 Wage and Salary of Spouse $0.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $0.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $7,200.0 Other $0.0   Mortgage Interest $0.0 State & Local Tax Payments $1,600.0 Charitable Contributions $0.0 College Expenses $0.0 Childcare Expenses $800.0
High Income Level $36,300 Wage and Salary $36,300.0 Wage and Salary of Spouse $0.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $0.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $9,300.0 Other $0.0   Mortgage Interest $0.0 State & Local Tax Payments $2,200.0 Charitable Contributions $0.0 College Expenses $0.0 Childcare Expenses $1,400.0
Very High Income Level $133,700 Wage and Salary $133,600.0 Wage and Salary of Spouse $0.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $100.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $14,000.0 Other $0.0   Mortgage Interest $12,500.0 State & Local Tax Payments $14,500.0 Charitable Contributions $1,100.0 College Expenses $0.0 Childcare Expenses $1,500.0
Highest Income Level $414,000 Wage and Salary $413,900.0 Wage and Salary of Spouse $0.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $100.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $13,600.0 Other $0.0   Mortgage Interest $13,000.0 State & Local Tax Payments $55,000.0 Charitable Contributions $4,200.0 College Expenses $0.0 Childcare Expenses $1,500.0

Married, one child in college

income expenses
Total income

Wage and Salary

Wage and Salary of Spouse

Social Security Benefits Pension Dividends Taxable Interest Tax Exempt Interest Business Income Capital gains Employer Provided Health Benefits Other Mortgage Interest State & Local Tax Payments Charitable Contributions College Expenses Childcare Expenses
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. All benefits for retirees, survivors, and dependents. Regular payments during retirement from plans tied to previous employment. Qualified dividends received. Enter non-qualified dividends as "Other Income." 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. Income from a sole proprietorship, partnership, S corporation, limited liability company, or other business. Profits from the sale of capital assets such as stocks, bonds, or real estate that the taxpayer has owned for more than one year. Health insurance premiums paid by employers. Income from all other taxable sources, including short-term capital gains, business income net of expenses, gambling winnings net of losses, and others. Interest paid on home mortgages or home equity loans. Income and property tax payments to state and local governments (or sales taxes paid if state has no income tax). Donations to charitable organizations or causes. Total amount of tuition and fees expenses paid for all family members attending college. Childcare expenses for all children under age 13.
Low Income Level $58,300 Wage and Salary $42,600.0 Wage and Salary of Spouse $15,700.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $0.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $11,800.0 Other $0.0   Mortgage Interest $0.0 State & Local Tax Payments $3,700.0 Charitable Contributions $1,600.0 College Expenses $7,700.0 Childcare Expenses $0.0
Medium Income Level $97,900 Wage and Salary $70,500.0 Wage and Salary of Spouse $27,200.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $200.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $13,300.0 Other $0.0   Mortgage Interest $4,300.0 State & Local Tax Payments $8,600.0 Charitable Contributions $3,100.0 College Expenses $11,400.0 Childcare Expenses $0.0
High Income Level $147,300 Wage and Salary $111,900.0 Wage and Salary of Spouse $35,100.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $300.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $13,100.0 Other $0.0   Mortgage Interest $7,100.0 State & Local Tax Payments $10,500.0 Charitable Contributions $6,100.0 College Expenses $13,100.0 Childcare Expenses $0.0
Very High Income Level $508,600 Wage and Salary $312,600.0 Wage and Salary of Spouse $187,500.0 Social Security Benefits $0.0 Pension $0.0 Dividend $100.0 Taxable Interest $900.0 Tax Exempt Interest $100.0 Business Income $0.0 Capital Gains $7,400.0 Employer Provided Health Benefits $22,100.0 Other $0.0   Mortgage Interest $24,600.0 State & Local Tax Payments $21,500.0 Charitable Contributions $18,000.0 College Expenses $15,000.0 Childcare Expenses $0.0
Highest Income Level $2,558,100 Wage and Salary $905,200.0 Wage and Salary of Spouse $0.0 Social Security Benefits $0.0 Pension $0.0 Dividend $23,900.0 Taxable Interest $300.0 Tax Exempt Interest $22,900.0 Business Income $1,230,000.0 Capital Gains $375,800.0 Employer Provided Health Benefits $24,000.0 Other $0.0   Mortgage Interest $34,800.0 State & Local Tax Payments $161,000.0 Charitable Contributions $30,000.0 College Expenses $28,400.0 Childcare Expenses $0.0

Married, No children

income expenses
Total income

Wage and Salary

Wage and Salary of Spouse

Social Security Benefits Pension Dividends Taxable Interest Tax Exempt Interest Business Income Capital gains Employer Provided Health Benefits Other Mortgage Interest State & Local Tax Payments Charitable Contributions College Expenses Childcare Expenses
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. All benefits for retirees, survivors, and dependents. Regular payments during retirement from plans tied to previous employment. Qualified dividends received. Enter non-qualified dividends as "Other Income." 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. Income from a sole proprietorship, partnership, S corporation, limited liability company, or other business. Profits from the sale of capital assets such as stocks, bonds, or real estate that the taxpayer has owned for more than one year. Health insurance premiums paid by employers. Income from all other taxable sources, including short-term capital gains, business income net of expenses, gambling winnings net of losses, and others. Interest paid on home mortgages or home equity loans. Income and property tax payments to state and local governments (or sales taxes paid if state has no income tax). Donations to charitable organizations or causes. Total amount of tuition and fees expenses paid for all family members attending college. Childcare expenses for all children under age 13.
Low Income Level $27,100 Wage and Salary $23,900.0 Wage and Salary of Spouse $3,200.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $0.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $6,900.0 Other $0.0   Mortgage Interest $0.0 State & Local Tax Payments $1,000.0 Charitable Contributions $1,000.0 College Expenses $0.0 Childcare Expenses $0.0
Medium Income Level $69,500 Wage and Salary $54,900.0 Wage and Salary of Spouse $14,300.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $300.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $9,600.0 Other $0.0   Mortgage Interest $3,700.0 State & Local Tax Payments $3,200.0 Charitable Contributions $2,200.0 College Expenses $0.0 Childcare Expenses $0.0
High Income Level $116,600 Wage and Salary $89,700.0 Wage and Salary of Spouse $26,300.0 Social Security Benefits $0.0 Pension $0.0 Dividend $0.0 Taxable Interest $600.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $0.0 Employer Provided Health Benefits $10,600.0 Other $0.0   Mortgage Interest $5,000.0 State & Local Tax Payments $9,100.0 Charitable Contributions $3,600.0 College Expenses $0.0 Childcare Expenses $0.0
Very High Income Level $218,200 Wage and Salary $168,000.0 Wage and Salary of Spouse $22,100.0 Social Security Benefits $0.0 Pension $0.0 Dividend $7,300.0 Taxable Interest $3,900.0 Tax Exempt Interest $0.0 Business Income $0.0 Capital Gains $16,900.0 Employer Provided Health Benefits $11,300.0 Other $0.0   Mortgage Interest $7,000.0 State & Local Tax Payments $23,400.0 Charitable Contributions $9,000.0 College Expenses $0.0 Childcare Expenses $0.0
Highest Income Level $3,134,800 Wage and Salary $638,800.0 Wage and Salary of Spouse $50,300.0 Social Security Benefits $0.0 Pension $87,900.0 Dividend $87,500.0 Taxable Interest $20,800.0 Tax Exempt Interest $19,400.0 Business Income $1,745,300.0 Capital Gains $484,800.0 Employer Provided Health Benefits $13,000.0 Other $0.0   Mortgage Interest $12,700.0 State & Local Tax Payments $220,300.0 Charitable Contributions $53,700.0 College Expenses $0.0 Childcare Expenses $0.0