What are DCUMers including when reporting HHI?

[Anonymous]

Anonymous wrote:What about if parents/inlaws pay for things like kids' tuition (could easily add up to $75k+/year, depending on tuition amount and how many kids?)
Parents paying for extravagant vacations?
Large monetary gifts?

Not applicable to us, but technically those are gifts not HHI

[Anonymous]

Earned income aka salary. That’s $220K. Not included: rental income, dividends, interest income, child support. All together that would be at least $285K.

[Anonymous]

Anonymous wrote:What about if parents/inlaws pay for things like kids' tuition (could easily add up to $75k+/year, depending on tuition amount and how many kids?)
Parents paying for extravagant vacations?
Large monetary gifts?

I do not include gifts in my income - though I wouldn't say I get particularly extravagant gifts. My parents' do still pay my cell phone bill, and now my 13 year old's too LOL. But it's really a gift to both of us. I just never got off their plan - my husband has his phone thru work.

[Anonymous]

Fed here. I quote salary only (there’s essentially no bonus nor RSU of course), and don’t include the (modest) TSP match when I provide HHI. But when I think about wealth/savings, I often factor in the effective value of the pension.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Base+ Bonus (non sales, so bonus is generally plus minus 10% of expected) + value of RSU at the time of allocation (if the value goes down or goes up drastically, more than 30%, I adjust a bit mentally, otherwise unvested RSU's is hard to predict at the time of vest).

No 401K match, DCP match included

bonus and RSU are not fixed. Your RSU can be worthless if the stock tanks.

Of course they are not fixed. I am in tech, legacy tech company like Cisco/IBM. RSU don't become worthless. Agree to your comment, if we worked for a startup.. The least bonus that I have got in last 10 years is 90% of target and max 145% of target but mostly it is generally always around 100%. Sales roles have much higher variability than desk jobs

Our HHI is always an estimate, I was just sharing my calculation

PP here. I worked for a FANNG with RSUs. Those RSU aren't steady in value, even as they probably won't lose much value. Even so, they are not part of your HH*I*, *INCOME*.

Same for bonus. You cannot rely on it to be part of your HHI. Those high tech companies are starting to cut bonuses, too.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Base+ Bonus (non sales, so bonus is generally plus minus 10% of expected) + value of RSU at the time of allocation (if the value goes down or goes up drastically, more than 30%, I adjust a bit mentally, otherwise unvested RSU's is hard to predict at the time of vest).

No 401K match, DCP match included

bonus and RSU are not fixed. Your RSU can be worthless if the stock tanks.

Of course they are not fixed. I am in tech, legacy tech company like Cisco/IBM. RSU don't become worthless. Agree to your comment, if we worked for a startup.. The least bonus that I have got in last 10 years is 90% of target and max 145% of target but mostly it is generally always around 100%. Sales roles have much higher variability than desk jobs

Our HHI is always an estimate, I was just sharing my calculation

PP here. I worked for a FANNG with RSUs. Those RSU aren't steady in value, even as they probably won't lose much value. Even so, they are not part of your HH*I*, *INCOME*.

Same for bonus. You cannot rely on it to be part of your HHI. Those high tech companies are starting to cut bonuses, too.

What are you talking about. It is your income, it's part of your HHI.
HHI doesn't mean that the income is fixed. Your HHI can be variable from year to year.
When I was at Amazon, the max base pay for corporate jobs was 160k. The base pay at these big tech companies is generally small portion of the compensation. During my time there, I never made less that 400k in total compensation (base pay + RSU + bonus)
It would be ridiculous to say that my HHI was 160k.

[Anonymous]

We are very high income. We make many classes of investment income. I report what the AGI on my taxes is plus I add back depreciation losses. I subtract any real estate related or business sale related capital gains.

[Anonymous]

Salary plus bonus

[Anonymous]

I include salary, bonus, and annual gift from relatives. Sometimes I’ll include comp like employee 401k matching.

[Anonymous]

I include earned income plus alimony and child support. 3/4 of my HHI comes from alimony and child support.

[Anonymous]

I have no idea how much I make bc options are exercised and RSUs vest twice a year and I have investment income. My cash comp is one thing and I know that but my w-2 income and 1099s always knocks my socks off.

I guess I’d look at my 1040 and add up some lines plus add my 401k employer match.

I’m sort of surprised at how much people pay attention to this on here..

[Anonymous]

Just earned income.

401(k), investments, 2nd homes, etc enter the NW calculation.

[Anonymous]

I report our gross salaries plus gross bonuses and RSUs that vest in a year.


I don’t include benefits, dividends or gains on investments or real estate.

[Anonymous]

Just earned income - no cap gains, benefits, matching, etc.

[Anonymous]

Income plus rental property income (the difference).