Allowable Living Expenses -- Means Test Calculation, Allowable Living Expenses

 

 

 

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Allowable Living Expenses

(IRS National Standards for bankruptcy Means Test -- Cases Filed On and After May 1, 2012)

Collection Financial Standards for Food, Clothing and Other Items

 

Expense One Person Two Persons Three Persons Four Persons
Food  $301 $537 $639 $765
Housekeeping supplies $30 $66 $65 $74
Apparel & services $86 $162 $209 $244
Personal care products & services     $32 $55 $63 $67
Miscellaneous $116 $209 $251 $300
Total $565 $1,029 $1,227 $1,450

 

More than four persons: Additional Amount Per Person
For each additional person, add amount to four-person total allowance: $281

 

Bankruptcy Allowable Living Expenses — National Standards

 

Expense One Person Two Persons Three Persons Four Persons
Food & clothing (apparel & services)* $386 $699 $848 $1,009
5% of food & clothing $19 $35 $42 $50

 

More than four persons Additional Amount Per Person
Food & clothing (apparel & services)* $196
5% of food & clothing $10

 

* This total may differ from the combination of the two amounts in the Collection Financial Standards table due to rounding.

 

Bankruptcy Means Test