Micro Entity Patent Forum

Micro Entity Discussion and Questions => Micro Entity Status Discussion and Questions => Topic started by: Brad on April 13, 2013, 10:52:06 AM

Title: What is Gross Income for Micro Entity?
Post by: Brad on April 13, 2013, 10:52:06 AM
Gross Income:  All income received by the applicant from whatever source during the past calendar year.

-Do not include income from your spouse or other family members.
-Do not include deductions or expenses.
-Includes non-cash income such as fringe benefits.
-Not the same as adjusted gross income (AGI) as shown on US tax returns. 

*Each inventor should fill this out separately.

When in doubt, be safe and include the income regardless of the source.