How do I enter spousal support (alimony, spousal maintenance) of the current relationship?
On the screen where you enter child support information, scroll to the bottom of the screen, and look for a section labeled “Spousal Support to Use in …” or “Alimony to use in…” The exact wording will vary from state to state, but you will find the section there. If you are in a state […]
How do I enter payroll deductions that are not explicitly listed?
One approach is to enter them all under Dental Insurance, with a footnote explaining that the number includes the other payroll deductions. Another approach is to enter them as write-in items where you enter living expenses. When you do, you can specify the tax category as either “FSA, Flex, Caf, etc.” or “Payroll Dedn – […]
What is a property settlement, and how do I enter it?
A property settlement is an arrangement under which one spouse will pay another a fixed amount in the years immediately after the divorce. This is typically done because there are not enough liquid assets to equalize the property division in the year of the divorce. Property settlements do NOT appear on the state’s financial form. […]
How do I enter IRA and 401(k) contributions?
Enter IRA and 401(k) contributions on the more info screen for the IRA/401k asset. (In the Cloud, click the green 3-dots button.)
How do I enter Social Security income?
If the income is currently being received, enter it on the Income screen as Wage-Like income. To enter projected Social Security income, click more info on that line. The software will ask you to enter the income projected at regular retirement. The client can get this by logging in to their account on the Social […]
How can I change the state where a party lives?
This is in the Enter Data section on the Parties & Children screen. Open the section for the party, and you will see the entry for the state where the party lives.