Median Income And Means Test

 

Median Income and Means Test

A debtor must enter income and expense information onto the appropriate form (i.e., Form 22A or Form 22C) and then make calculations using the information entered. Some of the information needed to complete these forms, such as a debtor’s current monthly income, comes from the debtor’s own personal records. However, other information needed to complete the forms comes from the Census Bureau and the Internal Revenue Service (IRS).

http://www.census.gov/hhes/www/income/data/statemedian/index.html

Calculate your total monthly income.
Subtract allowable IRS expense amounts.
Subtract secured and priority debt payments to see what you would have left over each month.
Find out whether you have enough left to pay other debts. 

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