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http://www.mortgagenewsdaily.com/qna/child-suport-as-income-for-mortgage-approval
Jun 22, 2008 · Child Suport as Income for Mortgage Approval How much can I gross up child support on a FHA loan? Conventional loan? questions-from-web uncategorized. Anonymous on Sun ...
https://uber-writer.com/grossing-income/
Thank you for your comment, in regards to the math the blog example is correct. Line 20A represents all of the SS income the borrower has earned which in my example is $20,000, Line 20B showed that of the $20,000 , $10,000 can be “grossed up”. We then gross up the non taxable portion of $10,000 x 25% gross up rate to get $2,500.
https://mymodernlaw.com/blog/gross-income-child-support/
Child Support Q&A. Determining Gross Income. Do “Gross Income” and “Adjusted Gross Income” have the same meaning for Child Support purposes as when they are used for tax purposes? Both of these terms are given very specific definitions by the Arizona Child Support Guidelines. With that in mind, it is important that you forget everything ...
https://uber-writer.com/grossing-up-income/
Based on this, there are very few forms of income I can think of that the government will not tax. So how do you know if an income can be grossed up, follow these guidelines. Child Support Since the person paying the child support transfers the money after tax, the person receiving does not pay taxes in 99.9% of the cases. Social Security Income
https://gustancho.com/fha-loans-with-child-support-payments
Oct 11, 2018 · This BLOG On FHA Loans With Child Support Payments Mortgage Guidelines Was UPDATED On October 11th, 2018. Qualifying for FHA Loans With Child Support Payments can affect the borrowers debt to income ratios; On the flip side, Borrowers who are receiving child support payments can use it as qualified income
https://www.blownmortgage.com/alternate-income-using-child-support-qualify-mortgage/
Mar 22, 2015 · This allows you to maximize the amount that you can claim for child support, enabling you to lower your debt ratio and increase your chance of getting approved. Child support is a tricky source of income to use, but it is possible to use it if it is documented correctly.
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