Income types
Income types are used to calculate the correct withholding amount for each payment, and only apply when the tax withholding module is enabled. You can customize which income types are available per payer, as well as the text used for the payment and API values.
| Income code | Income type description | Payment/API income type value1 |
|---|---|---|
| 10 | Royalties - Patents | Patents |
| 11 | Royalties - Film & TV | Film&TV |
| 12 | Royalties - Copyrights | Copyrights |
| 23 | Other Income (Services) | OtherIncome |
1 Not case sensitive.