With regards to budgeting for Income; there should be an option to flag Income as either Taxable or Non-Taxable. When tracking investment returns in non-registered accounts or income withdrawn from RRSPs/RRIFs, it's important that we have the ability to flag distributions as taxable, so we can effectively budget for payment of related taxes. In addition, being able to flag income from Registered Accounts as Non-Taxable, is equally important.