Peterson's FAABteachersmanual Page 25
Teacher's Manual
Page 25
9. Income
a. Student's adjusted gross income
b. Untaxed income +
Total Income ( E )
10. Allowances
a. Federal income tax
b. Social Security taxes +
c. State, other taxes +
d. Income protected + $1,750
Total Allowances ( F )
11. Available income (Line E Line F = G)
12. Contribution from income
50% of Line G
13. Assets
(cash in banks, investment equity) ( I )
14. Contributions from assets
(35% of Assets) ( J )
II. Contribution by Student (Line H + Line J)
EXPECTED FAMILY CONTRIBUTION (I & II)
