Income types
Income types are used to calculate the correct withholding amount per payment and are only applicable when the Tax Withholding module is enabled. Income types can be customized per payer so that only applicable income types are used. The text for the payment/ API values can also be customized.
Income code |
Income Type Description |
payment/ api Income Type value* |
---|---|---|
10 | Royalties - Patents | Patents |
11 | Royalties - Film & TV | Film&TV |
12 | Royalties - Copyrights | Copyrights |
23 | Other Income (Services) | OtherIncome |
* Not case sensitive |