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El Lee College District Monthly Financial Report April 2021 Contents Summary Memo Operating Revenues Page 1 Page 2Operating Expenses Twelve Month Operating Revenues/Expenses by Month Page 3 Page 4Twelve

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Gather all sources of income such as wages, salaries, bonuses, interest, dividends, rental income, and any other payments received.

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What is what is an income?

An income is money earned or received, usually from employment, investments, or business activities.

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The purpose of filing an income tax return is to report your income to the government and calculate how much tax you owe based on your income level.

What information must be reported on what is an income?

You must report all sources of income, including wages, salaries, tips, investment income, and business income. You also need to report any deductions or credits you are eligible for.

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