Get the free INCOME EXPENSE WORKSHEET 20132014 Student Name: Student Email Address: Social Securi...

INCOME EXPENSE WORKSHEET 2013-2014 Student Name: Student Email Address: Social Security Number: Because you or your parent reported little or no income on your FAFSA, the Department of Education requires

How to fill out income expense worksheet 20132014

How to fill out income expense worksheet 20132014:

1. Begin by gathering all relevant financial records and documents for the year 2013-2014, such as bank statements, receipts, invoices, and any other documentation of income and expenses.
2. Create separate columns or sections in the worksheet for income and expenses.
3. In the income section, list all sources of income for the specified period. This could include wages, salaries, rental income, dividends, interest, or any other form of income that was received during that time.
4. For each source of income, record the amount received and the date it was received.
5. In the expenses section, list all expenses incurred during the specified period. Categorize your expenses into different categories such as housing, transportation, groceries, utilities, debt payments, entertainment, etc.
6. For each expense, record the amount spent, the date it was incurred, and the category it falls under.
7. Total the income and expense columns separately to calculate the overall income and expenses for the given period.
8. Subtract the total expenses from the total income to determine the net income or net loss for the specified period.
9. Review the worksheet for accuracy and make any necessary adjustments or corrections.
10. Keep the income expense worksheet 20132014 in a safe and easily accessible place for future reference.

Who needs income expense worksheet 20132014:

1. Individuals who are self-employed and need to track their income and expenses for tax purposes.
2. Small business owners who need to monitor their financial performance and make informed business decisions.
3. Individuals or households who want to track their personal finances and create a budget based on their income and expenses.
4. Students or young adults who are learning about personal finance and want to understand their spending habits.
5. Anyone who wants to gain a better understanding of their financial situation and make improvements in managing their money.

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