The IRS does not provide instructions for what to enter in the "Occupation" field, which appears at the bottom of your federal tax return, to the right of the signature lines. Enter whichever term best reflects your current occupation. Terms such as Student, Laborer, Self-Employed, Homemaker, Unemployed, and Retired are fully acceptable. The contents of the "Occupation" field do not affect your tax-return calculations in any way.

To enter or modify your or your spouse's occupation in your TaxAct return, read our article Changing Basic Information (Name, SSN, Birthdate).