When calculating your income, which resource would be least useful?

When calculating your income, credit card statements are the least useful resource. This is because credit card statements primarily reflect your spending habits and any payments made towards the credit card balance, rather than providing a clear picture of your actual income. They do not include information about your earnings or any income you might receive from various sources such as salary, bonuses, or other revenue streams.

In contrast, pay stubs provide direct insight into your wages, tax withholdings, and deductions, making them a primary source for assessing income. Bank statements can also give a comprehensive view of your financial activity, showing deposits that may correlate to income. Tax returns present a full overview of your annual income and are essential for long-term income calculations, especially if they detail multiple forms of income like wages, investments, or business income.