Schedule I- CH.7

[jacenty]

I am filling out my Schedule I and have a question. My bi-weekly paycheck is different each time I get paid, ie: 2.2K, 1.5K, 1.2 K etc. For the purpose of calculating my CMI do I average one month, 2 months, 3 months, 6 months? I run results of all these scenarios against CME and averaging 3 months is the best. What are your experiences in this area?

[ValleYum]

The average of the last 6 months of paychecks received. Go by the date of the paycheck.

We did that as hubby's pay varies a great deal - of course, we did this with the advice of our attorney, who knew what the local Trustees wanted to see as far as determining Schedule I income.

[jacenty]

Thank you!