Question from line 18: Life insurance
Where to enter this in NextChapter: Income > Employment Income > Edit or Add New Income > Pay Advice > Insurance Deductions > Life AND/OR Expenses > Taxes / Insurance > Life Insurance
NextChapter uses the following to calculate the taxes used on line 18.
Life Insurance deductions from the debtor's pay advice that is being used on Schedule I.
Life Insurance expenses (not deducted from the debtor's pay) that is listed in the Expenses and used on Schedule J.
You can override the amount being used on Line 18 in the Means Test Questions section of the application here:
When you select to override the expenses from Schedule I, a new screen will appear allowing you to over the tax expense amount.
