payroll deductions: Do Payroll Deductions Count as Liabilities? - 11/13/08 02:06 PM
Here's another question we were asked at a recent class we taught:
Q: Do payroll deductions count as liabilities when calculating the debt-to-income (DTI) ratio?
A: If the deduction is used to pay a debt, such as child support, mandatory loan repayments, etc., then it must be counted as a liability. If the deduction … (2 comments)
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Here's another question we were asked at a recent class we taught:
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