Announcement

Collapse
No announcement yet.

Imputing Income? Would this be a case for it.

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Imputing Income? Would this be a case for it.

    Parent B works in industry where he makes potentially 50-100K based upon commission sales. Last year parent B claimed 60K salary.

    Parent B this year claims that he only made 20K on income tax statement. However, Parent B took summer off for 2 months because he didn't want to work. As well, Parent B filed a budget previously the year before that living expenses cost 5K a month.

    Parent B hasn't changed lifestyle, still lives in the same house, except now is paying on 2 vehicles, and hired a nanny and claims only makes 20K and therefore should pay reduced child support.

    To me this is sorta fishy, would this be a case of underemployment? Or courts would see what I mentioned as irrelevant and what's on T1 will be used and nothing else?

  • #2
    they will impute income if everything you said is true

    Comment

    Our Divorce Forums
    Forums dedicated to helping people all across Canada get through the separation and divorce process, with discussions about legal issues, parenting issues, financial issues and more.
    Working...
    X