we are still under the median income, even with the promotion. Will this cause a problem if now our expenses are slightly (ever so slightly) less than our income? i saw this on a nother thread but it was never answered.
I am not sure how schedule j works...if i have disposable income leftover (this is my income-expenses NOT INCLUDING CREDIT CARDS) then will i be forced to a 13?
With the credit cards i have no money leftover.
Also, my expenses include the mortgage im not paying on the house im surrendering...is this an allowable expense or will i ahve to use the rental income for my district (Nevada)?
Then, if that is the case, what if I'm back to having money leftover. Im just not sure if youre allowed to have money leftover or if you are supposed to live on the edge with your finances in order to qualify.
THANKS in advance for help...
I am not sure how schedule j works...if i have disposable income leftover (this is my income-expenses NOT INCLUDING CREDIT CARDS) then will i be forced to a 13?
With the credit cards i have no money leftover.
Also, my expenses include the mortgage im not paying on the house im surrendering...is this an allowable expense or will i ahve to use the rental income for my district (Nevada)?
Then, if that is the case, what if I'm back to having money leftover. Im just not sure if youre allowed to have money leftover or if you are supposed to live on the edge with your finances in order to qualify.
THANKS in advance for help...
waiting to file in july-august,