Is Stocks Granted Considered Income in the Means Test?
Hi all!
I am ready to file for chapter 7. Already retained a lawyer. I really did think that I am below the median income. But today I got my last check before filing, and what an unpleasant surprise. I got $92 Stock Ownership Program added to my gross numbers. I did not get any extra money in my paycheck. I was told that they just released some stock award that I can go and sell and it s/b worth $92 gross. But the $92 are just enough to get me above the median income by $10!
So, I think i know the answer, but please answer it for me again:
Are any Company Ownership Program stocks considered income and added to your income in the Means Test?
Also I had 31 stocks, they used 13 to pay taxes, and then released 18, that I can sell. But they still reported 31 stocks on my pay (31*2.975=$92.23) in the current, YTD, and W2 numbers. I do not understand?
Thanks.
I am ready to file for chapter 7. Already retained a lawyer. I really did think that I am below the median income. But today I got my last check before filing, and what an unpleasant surprise. I got $92 Stock Ownership Program added to my gross numbers. I did not get any extra money in my paycheck. I was told that they just released some stock award that I can go and sell and it s/b worth $92 gross. But the $92 are just enough to get me above the median income by $10!
So, I think i know the answer, but please answer it for me again:
Are any Company Ownership Program stocks considered income and added to your income in the Means Test?
Also I had 31 stocks, they used 13 to pay taxes, and then released 18, that I can sell. But they still reported 31 stocks on my pay (31*2.975=$92.23) in the current, YTD, and W2 numbers. I do not understand?
Thanks.
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