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Form CJD301B Financial Statement Schedule B

Form CJD301B Financial Statement Schedule B

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INSTRUCTIONS: MASSACHUSETTS FINANCIAL STATEMENT SCHEDULE B (Form CJD301B)

Massachusetts divorces which include questions about payment of alimony, lawyer's fees or child support will require both parties to file a CJD301S (if earning less than $75,000 annually) or a CJD301L (if earning $75,000 or more annually). Additionally, if you derive any income from rental income from property you own, you must submit a Massachusetts Financial Statement Schedule B. This Form CJD301B can be obtained from the website of the Massachusetts Court System.

Massachusetts Financial Statement Schedule B CJD301B Step 1: Enter your name and the docket number of your case at the top of the page.

Massachusetts Financial Statement Schedule B CJD301B Step 2: Enter the total amount you earn in rent annually.

Massachusetts Financial Statement Schedule B CJD301B Step 3: List all expenses associated with your property. Those listed include advertising, the cost of motor vehicles and transportation, insurance, cleaning and maintenance, mortgage interest owed, repairs, utilities and wages. Specify any expenses which are not listed.

Massachusetts Financial Statement Schedule B CJD301B Step 4: Total your expenses.

Massachusetts Financial Statement Schedule B CJD301B Step 5: Subtract the expenses from your rent. Divide the result by 52. This is your weekly rental income. Enter this number where indicated.

Massachusetts Financial Statement Schedule B CJD301B Step 6: Transfer the weekly rental income to the appropriate line in the Financial Statement you are completing.


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