Disposable Income

Income not reasonably necessary for the maintenance or support of the debtor or dependents. If the debtor operates a business, disposable income is defined as those amounts over and above what is necessary for the payment of ordinary operating expenses.

Source: U.S. Courts

The portion of an employee's earnings that remains after deductions required by law (e.g., taxes) and that is used to determine the amount of an employee's pay subject to a garnishment, attachment, or child support withholding order.

Source: Office of Child Support Enforcement.

Income remaining after subtracting mandatory deductions such as: Federal, state and local taxes; FICA and Medicare taxes; unemployment insurance, workers' compensation insurance; state employee retirement systems; additional deductions mandated by state law.

Source: Office of Child Support Enforcement