Questions about expenses and security deposit- please help!

[FoolAndHisMoney]

Do you have a source for that info, bkfiler? Everything I've read says allowances are based on state median income and family size.

Written in stone just for you lightning. The more money you make the larger allowed expenses you have.

If the IRS allows it certainly you must see it reasonable.

http://www.irs.gov/businesses/small/article/0,,id=104627,00.html

[Lightning]

Thanks for the link.

And thanks for proving my overall point. If you look at the percentage of money allowed for expenses given the income, you'll see it decreases as the income level increases. This means that although you're spending more money, you're spending less in relation to your income. That's the goal.