CIS - Debt Service Calculation
- In the liabilities section of the CIS, check the "Exclude from debt service" box if the item should not be included in the Debt Service in Part D-C.
- Debt service amounts in Part D-C will be automatically computed, if corresponding CALC checkboxes are "ON".
Based on the preparing party's status (Husband or Wife) specified in Part A, the individual party's and joint debt will be calculated. In the current lifestyle, corresponding party's debt and half of the joint debt is totaled. In the joint lifestyle column, all debt items are totaled because the assumption is that total debt was serviced by the couple's joint income.Easy Soft © 2014-2016
