Hello!
I am so grateful to have found this forum and only wish I would have found it 5 months ago. We are filing FINALLY on Friday. We are over median by 15K and while I am so nervouse to travel the over the median road...my attorney wants to go for it..as we do qualify after expenses. The main question is ...will trustee consider our expenses "reasonable"...i.e. rent pymt will be $2500..(our curent house pymt ranges from $2200-$2500..but we are surrendering it) IRS standars is $1200...ya right that is not possible in Gilbert AZ) also 2 car pymts of $700 and $600 while IRS standards are $500...
My question to you all is...what do you think or what has been passed as "reasonable" child care? I am a stay home mom, but all my children are adopted and as of a month ago we got a suprise child #4 (2 month old boy)...which is costing us $10K (not sure if we can count that for expenses anywhere) and I have 4 children under 4..none in full time school.
So I have"child care" now in the form of live in nanny...my 20 year old sister and are paying her $500-$800 a month. Wonder if this will be questioned or "not reasonable" because I am stay home mom??? But I cant get my 4 year olds to preschool or run into grocery store withouth waking my other 2 babies (2 months and 14 months) up from naps and such by myself...
thoughts??
I am so grateful to have found this forum and only wish I would have found it 5 months ago. We are filing FINALLY on Friday. We are over median by 15K and while I am so nervouse to travel the over the median road...my attorney wants to go for it..as we do qualify after expenses. The main question is ...will trustee consider our expenses "reasonable"...i.e. rent pymt will be $2500..(our curent house pymt ranges from $2200-$2500..but we are surrendering it) IRS standars is $1200...ya right that is not possible in Gilbert AZ) also 2 car pymts of $700 and $600 while IRS standards are $500...
My question to you all is...what do you think or what has been passed as "reasonable" child care? I am a stay home mom, but all my children are adopted and as of a month ago we got a suprise child #4 (2 month old boy)...which is costing us $10K (not sure if we can count that for expenses anywhere) and I have 4 children under 4..none in full time school.
So I have"child care" now in the form of live in nanny...my 20 year old sister and are paying her $500-$800 a month. Wonder if this will be questioned or "not reasonable" because I am stay home mom??? But I cant get my 4 year olds to preschool or run into grocery store withouth waking my other 2 babies (2 months and 14 months) up from naps and such by myself...
thoughts??
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