Other Income

The 'Other income' card can be used as a catch-all to enter any additional income streams that a client may have. This card gives you full control over the amount and duration of the income, as well as the tax treatment.

You can add other income into RightCapital within the Income section of the Profile (or the Income step of the initial data entry process), by clicking Add Income > Other > Other Income:

Common use cases for Other Income cards include Social Security Disability Insurance, federally tax-free pensions, and tax credits. All of these options will be reflected in Cash Flows > Summary > Income Inflows > Other Income column, except for 'Tax credit' which only impacts taxes. 'Minister's housing allowance' will only be subject to self-employment tax, Social Security tax & Medicare tax.

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