Paragraph 6 of your financial declaration addresses your after-tax income. Your after-tax income is a simple calculation. Take your gross monthly income (calculated in paragraph 4) and subtract your monthly tax deductions (calculated in paragraph 5). The resulting difference is your after-tax income.
If you have no income, check the “[ ] I have no income” box in paragraph 5. Your explanation for having no income should have already been provided in paragraph 4 when you checked the “no income” box, and provided an explanation of your lack of income, and in paragraph 3 when you checked the “I am unemployed because:” box and provided an explanation as to why.
Many people are tempted to lie about their income, and that can include overstating their tax obligations, so that they can appear to have less net income than they really have. Don’t be that person. Lying is wrong. And even though, admittedly, some people get away with lying, most people don’t. Lying on any part of your financial declaration is not worth the risk to your credibility. I’ve stated it before and I will state it again: make sure your financial declaration is complete and completely accurate.
Utah Family Law, LC | divorceutah.com | 801-466-9277
