Financial Affidavit Calculator

Build your court-required financial disclosure — income statement, monthly budget, and balance sheet. Required in all divorce proceedings to determine support and property division.

Updated April 2026 Court-Required Disclosure Form Private — runs in your browser

Monthly Income Sources

Wages / Salary (gross)

Before taxes and deductions

Self-Employment Income

Rental Income

Alimony Received

Child Support Received

Investment / Dividend Income

Other Income

Total Monthly Income$6,500/mo

Income Statement Summary

$6,500/mo gross

Annual Gross$78,000/yr

Primary Employment$6,500/mo

Other Sources$0/mo

Courts require disclosure of ALL income sources on a financial affidavit. Failing to disclose income is considered contempt and may result in sanctions.

Advanced Calculator

30+ income sources, 40+ expense categories, visual budget breakdown by category, and income vs. expense bar chart for court presentation.

+ Open Advanced Calculator

Monthly Income

$7,130

Monthly Expenses

$4,830

Net Surplus

+$2,300

Employment Income

Base Wages / Salary

Overtime

Bonuses (monthly avg)

Commissions (avg)

Self-Employment Net

Passive & Other Income

Rental Income

Royalties

Dividends

Interest Income

Disability Benefits

Pension / Annuity

Social Security

Alimony Received

Child Support Received

Other Income

Total Monthly Income$7,130/mo ($85,560/yr)

Professional Simulator

Side-by-side comparison of both parties' financial affidavits, support capacity analysis, estimated child support and alimony from combined disclosures, and complete document checklist.

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Party A (You)

Wages

Bonuses / Other Income

Housing

Transport

Food

Health

Childcare

Debt Service

Other Expenses

Total Assets

Total Debts

Party B (Spouse)

Wages

Bonuses / Other Income

Housing

Transport

Food

Health

Childcare

Debt Service

Other Expenses

Total Assets

Total Debts

Category	Party A	Party B	Difference
Monthly Income	$7,130	$4,200	+$2,930
Monthly Expenses	$3,880	$4,350	$470
Net Surplus	$3,250	$150	+$3,400
Net Worth	$162,500	$162,500	$0

What Is a Financial Affidavit in Divorce?

A financial affidavit (also called a financial disclosure, income and expense declaration, or financial statement) is a court-required document that both spouses must complete and file in divorce proceedings. It provides a complete picture of each party's financial situation — income, expenses, assets, and debts — under oath.

What Courts Use It For

Child support: Verifying income for support calculations
Alimony: Establishing need and ability to pay
Asset division: Ensuring full disclosure of marital property
Temporary orders: Setting pendente lite support during litigation
Final orders: Ensuring equitable division of assets and debts

The Three Sections Courts Require

Every financial affidavit covers three core areas:

Income statement: All income sources — wages, self-employment, rental, investments, benefits
Monthly budget: All living expenses — housing, food, transportation, healthcare, childcare
Balance sheet: All assets (real estate, accounts, retirement) and debts (mortgage, loans, credit cards)

Net Monthly Surplus = Total Income − Total Expenses
Net Worth = Total Assets − Total Liabilities
Ability to Pay Support ≈ Net Surplus − Minimum Living Reserve

Example — Complete Financial Affidavit Summary

Party A: wages $6,500/mo, expenses $3,880/mo, assets $485,000, debts $322,500.

Monthly Income$7,130/mo

Monthly Expenses$3,880/mo

Monthly Surplus$3,250/mo

Total Assets$485,000

Total Liabilities$322,500

Net Worth$162,500

Official Sources & Legal References

Frequently Asked Questions

Is a financial affidavit required in every divorce? ▼

In almost all states, a financial affidavit is mandatory in any divorce involving children or contested financial issues. Even in uncontested divorces, many courts require basic financial disclosure. Some states call it different things: California uses an Income and Expense Declaration (FL-150), Florida requires a Financial Affidavit (Form 12.902), and other states have their own forms, but the content requirements are similar.

What happens if my spouse hides assets on their financial affidavit? ▼

Hiding assets in a financial affidavit is perjury and contempt of court. If discovered, courts can impose sanctions, award more of the hidden assets to you, pay your attorney fees, and even refer the matter for criminal prosecution. Discovery tools — including subpoenas, depositions, and forensic accountants — are specifically designed to uncover undisclosed assets.

How detailed does the expense section need to be? ▼

Courts require reasonable specificity. You should be prepared to document significant expense amounts with bank statements, receipts, or bills. Inflating expenses is a common tactic that judges recognize — unusually high expense claims will be scrutinized, especially if they exceed income. Courts compare expense amounts to lifestyle evidence and prior tax returns.

Do I need to list retirement accounts on my financial affidavit? ▼

Yes. All retirement accounts — 401(k), IRA, pension, 403(b), deferred compensation — must be disclosed. The marital portion of retirement accounts is typically subject to division. Pension plans must include actuarial valuation or CETV. A QDRO (Qualified Domestic Relations Order) is used to divide 401(k) accounts without tax penalties.

What documents do I need to complete my financial affidavit? ▼

You'll need: last 3 years of personal tax returns (with all schedules), last 3 months of pay stubs, bank statements for all accounts (6-12 months), investment account statements, retirement account statements, real estate appraisals, vehicle valuations, all debt statements (mortgage, car loans, credit cards, student loans), and business financial statements if self-employed.

When to Consult a Family Law Attorney

A financial affidavit is a legal document filed under oath — errors, omissions, or inflation of expenses can have serious consequences including contempt charges. Consult a licensed family law attorney before filing if: your income includes self-employment, rental income, or business distributions (complex disclosure rules), you have significant assets including retirement accounts, stock options, or business interests, you believe your spouse may be hiding income or assets, you are dealing with a high-conflict divorce where financial disclosures will be scrutinized, or you are unsure what to include or how to value particular assets or debts. A forensic accountant can be retained through your attorney to audit the opposing party's affidavit if needed.