Your child's Allowance an expense??

[antonyeo]

Is your child's weekly allowance considered an expense?

[HHM]

Yes, it can be, if its reasonable.

[airbornecpa]

Not in Northern District of Texas according to our attorney. I had it listed in the budget I gave him and he told me it was not allowable.

[robivi3]

Under the new law if your child has a job that can be considered as part of your ability to repay. I believe I read that in the law or in that BK book by that lady proffessor at harvard.