 Income tax 2021-2022, income reporting forms. Get ready to get refunds to the max, dive in into income tax 2021-2022. Within the income tax formula, we're at the top line, the income line, which can look deceptively simple because it's just that one line. But if you're thinking about it in terms of, say for example, an Excel worksheet, this being the summary sheet, then all the other sheets are feeding into it in some way. Or if you think about this as in essence, the first page of the 1040, other forms flowing into it, possibly forms flowing into like the income line, such as schedule one, schedule C, schedule D, and so on. So it can be quite complex when you dive in or dig down or drill into the detail. So what is income just in terms of a transaction from an economy standpoint? It's useful to note that you're always going to have basically two sides of the transaction. So if you have a lawyer over here that is doing work, then they're going to be.