When I'm applying for a loan or a credit card, the application usually asks for my annual income—the amount of money I make each year.
The problem is that I don't make the same amount of money each year. I might earn 50,000 zorkmids one year and 30,000 zorkmids the next.
So should I write down
- the amount of money I made in the previous calendar year?
- the amount of money I reasonably expect to make this year?
- the amount that my current job pays, converted to an annual amount?
- something else?
In particular, during times that I'm between jobs, do I have to report my annual income as 0, or can I use a different amount?
I live in the United States.