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An F-150 form is used in the state of California for someone to declare their income and expenses for an average month. This form is typically used by state courts in order to determine someone's average monthly financial picture. It may be need to figure out issues related to taxes, alimony, disability, or other court cases.
The party filling out this form will need to include very detailed information about their finances. This includes information about their monthly income and expenses. Income should include their regular employment, overtime and bonuses, spousal support, pension or retirement income, disability income, unemployment, worker's compensation, and any other income. Expenses should include rent or mortgage payments, child care, groceries and food, health care, utilities, education, and more.
In addition to this form, the filing party will also need to include copies of their most recent pay stubs, the tax return form for last year, and other proof of income. This should all be brought to the court hearing.
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