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INCTOT
Total personal income

Description

[ PRELIMINARY VARIABLE: Variable description may change once we confirm the universe and assess the comparability of this variable over time. ]

INCTOT reports the sum of all person-level income for the current calendar year, excluding income from tax refunds and capital gains.

INCTOT includes annual earnings from wages, salaries, bonuses, tips, commissions; business and farm games and losses; unemployment and workers' compensation; interest and dividends; alimony, child support, and other private cash transfers; private pensions, IRA withdrawals, social security, and veterans payments; supplemental security income and cash welfare payments from public assistance, Temporary Assistance for Needy Families, and related programs; gains or losses from estates, trusts, partnerships, S corporations, rent, and royalties; and a small amount of "other" income. Person-level income excluded tax refunds and capital gains.

Logical editing or weighted, sequential hot-deck imputation was used to impute income amounts for missing values (both for item non-response and for person in the full-year file who were not in round 3). Reported income components were generally left unedited.

Related Variables

  • INCWAGE: annual wage and salary income of individuals
  • INCBUS: annual business income of individuals
  • INCUNEMP: annual unemployment compensation income of individuals
  • INCWKCOM: annual workers' compensation income of individuals
  • INCINT: annual interest income of individuals
  • INCDIVID: annual dividend income of individuals
  • INCRETIR: annual pension income of individuals
  • INCSS: annual social security income of individuals
  • INCTRST: annual trust/rent income of individuals
  • INCVET: annual veteran income of individuals
  • INCIRA: annual IRA income of individuals
  • INCALIM: annual alimony income of individuals
  • INCCHLD: annual child support income of individuals
  • INCCASH: annual other regular cash income income of individuals
  • INCSSI: annual SSI income of individuals
  • INCWELFR: annual public assistance income of individuals
  • INCOTH: annual other income of individuals

Codes

INCTOT is a 9-digit numeric variable with 2 implied decimals.

999999996: Not in Universe
999999997: Unknown-refused
999999998: Unknown-not ascertained
999999999: Unknown-don't know

Comparability

The comparability of this variable over time has not yet been assessed.

Universe

The universe for this variable has not yet been confirmed.

Availability

  • 1996-2017

Weights

Flags

This variable has no flags.