April 2023 Income Statement

In April, we had an good income month and a low expense month.  We thought we were going to owe a lot of income tax but it turns out we received a $4,174 federal refund and $2,436 state refund.

Our total income in April was $11,008.46.  In addition to my wife’s regular paychecks, she received $96.49 in company reimbursements for internet. We also earned $22.85 in interest income from our savings accounts.

This month, our expenses totaled $5,406.89, however, if you remove our $6,610.00 tax refund, our expenses were $12,115.08.  That’s not too bad considering we usually spend a lot more.  Large expenses included $2,382.25 for household items, $2,143.02 for vacation expenses, and $604.96 for clothing.

In May, we expect to have a pretty standard income and expense month.