Anyway, does anyone know what decompenation is? What does it mean? What does a person decompensate from? So the back story that you can skip if you want is this: three years ago I was in a PHP program and I had a bit of a mental breakdown there.
From the standpoint of an individual, disposable income is the income that you have left over after you have paid all taxes and other mandatory expenses such as home loan payments, consumer loan payments, and child support obligations.
Dependent and Income Definitions. EspaÃ±ol. The dependent's standard deduction is the larger of: The dependent's earned income plus $350, or $1,050 for the 2016 taxable year. Important: The dependent's standard deduction can never be more than the normal standard deduction. Gross Income Definition.