Ask Experts Questions for FREE Help !
Ask
    colpho's Avatar
    colpho Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 17, 2013, 11:55 AM
    How many years of income are used to calculate alimony?
    I will be petitioning my wife for divorce. I have had varied income over the past 3 years: $240k in 2010, $280k in 2011, $150k in 2012, and likely $400k in 2013. Will the courts utilize my reduced income in 2012 during alimony calculations?
    cdad's Avatar
    cdad Posts: 12,700, Reputation: 1438
    Internet Research Expert
    		  
    #2

    Sep 17, 2013, 01:42 PM
    They usually use your last W2 and all sources of income combined. If for some reason you don't feel that is an actual reflection of your financial picture you can present your case as to why it should waiver from the standard formula.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Calculate Income Taxes on Income Statement [ 3 Answers ]

Income Statement Preparation I was provided the following information and would like to know how I can figure out the Income taxes (30% of income before taxes) Accounts Payable: 35,000 Accounts Receivable: 65,000 Advertising Expense: 15,000 Cash: 19,500 Supplies Expense: 46,000 Rent...

After 2 years can husband get alimony or emotional alimony? [ 2 Answers ]

From day one I supported my husband who was a personal trainer with his ex. He lost clients because they went to his ex. We moved to San Diego and I continued to support up to 3 months ago (he moved out.. after getting two jobs) NEVER gave me a scent unless I begged :{... He states that he...

Can a judge award alimony when the only income is from a military disability? [ 4 Answers ]

My sister wants to divorce her husband because he's abusive. However, their only income comes from military disability that he receives. He's telling her that she can't get alimony from him because his government check is untouchable. Does anyone know if that's true?

Is my disability income subject to alimony? [ 2 Answers ]

I'm 54 (soon to be 55) and my wife and I are divorcing after 34 years of marriage. She has told our children that she is going to "take me to the cleaners". I get 2059 from social security disability and 3300 from Prudential disability (insurance I bought and paid for with after tax dollars). ...

View more questions Search