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Law Offices Of David Bliven
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Is All income included?

  • By: David Bliven
  • Published: October 28, 2024

Q. i have issue with my ex-wife stipulation agreement … her lawyer only use my W2 has adjusted gross income and i have 1099 from trading that i have loss in 2023. use both my w2 and 1099 to file my taxes . so why is her attorney using only My W2 for calculation. .. thank you

A. I would need to know more info to answer definitively, but it sounds like you’re reporting a loss on an investment – which generally would not count as “negative income.” It would either constitute a debt – or if it’s an actively-traded investment, then the account value can fluctuate & thus not necessarily impact an income calculation. Schedule a consult with a Bronx Divorce Attorney for a full assessment.

David Bliven, Esq.

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