Frequently Asked Questions
Need assistance with data entry? RightCapital is here to help! Please use the common questions and answers below to assist you in generating financial plans. For additional assistance use the link to our support team at the bottom of the article.
Yes, any expenses listed in the Net Worth ( credit card and other loan payments, insurance premiums, and property taxes & maintenance fees) are automatically factored into the future cash flow projections. Be mindful to exclude these items when entering living expenses in the Goals & Expenses areas, to avoid double counting them.
K1 & Partnership income is best entered by adding a Business within a plan. This can be done in the Profile > Net Worth section, by clicking Add Account > Other. Within the Asset Type dropdown menu, choose Business - Partnership:
Within this entry, you can add the income using the ‘Annual Distribution’ field. You will see this amount as an inflow within the Retirement > Cash Flows > Summary tab. This income will not be subject to FICA tax (any amount that is to be subject to FICA tax, should be entered in Profile > Income section with a Salary card).
