FL 150 Income & Expense Declaration
Disclaimer! The contents of this video provides a general overview on how to complete FL 150. The boxes you may need to check may differ depending on your specific circumstance. The material in this video is for educational purposes only and does not constitute legal advice. Consult with an attorney to obtain legal advice about your divorce.
This video provides instructions on how to complete form FL 150 Income & Expense Declaration. Insert your personal information in the header section of this form as demonstrated in past lessons.
Next, insert your employment information and age and level of education in the next section. Using our example, William will insert his employer’s information.
Next, enter your tax information and the other party’s income. You will sign and date this page once the subsequent pages are complete.
On the second page of FL 150, you will list all sources of income you receive (last month and monthly average). Attach copies of your pay stubs (black out any social security numbers) for the past two months. William is a wage earner. He list the amount of income he receives each month from his full-time job at Disney.
On the next page, you must list the people who live with you, their monthly gross income, and whether they contribute to your household expenses. Here, William’s mother resides with him so he inserts her personal information.
In the next section, William list all of his estimated monthly expenses. You will provide an estimate of your monthly expenses in this section as well.
William will complete the last page of FL 150 as he has a minor child in which he needs support. He inserts the number of minor children he has and the current timeshare percentage.
Kelly currently provides health insurance for Rose so he leaves box 17 blank. William does not have any special hardships so none are listed.
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