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“Gross Income”— Getting it Right on the Sworn Financial Statement – Part 2

Gross Income Help on Sworn Financial Statement

(continued from Part 1)…… Calculating “income from salaries” or “wages” from an hourly wage is not difficult.  Salaries are a fixed amount per year, so divide it by 12 for the monthly amount. “Wages” can be determined by taking the pay per hour multiplied by 40 (hours), multiplied by 52(weeks per year), then divided by 12 (months) gives a monthly gross income. It is the rest of the list that can seem overwhelming and it is easy to feel a sense of doom as you list the many ways you receive money each month.  In your mind is the thought that the more you list, the more will be taken away from you to pay spousal maintenance or used against…

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