[quote=scaredyclassic][quote=CA renter]Imputed income is like savings. That’s very real money. Best of all, it’s tax-free.[/quote]
kind of. xecpt no one ever got rich off imputed income. and you dont get to pick a pretend number. it’s what you really really would have had to pay.
whcih is less th an the number we like to imagine.
i get imputed income of 1.50 everytime i iron a shirt. except.. there’s no way in hell im actually paying anyone that much money to iron my shirt. so did I “make” 1.50. kind of sort of.
but not really.[/quote]
You can easily look up the rate for childcare workers, domestic workers, personal assistants, bookkeepers, etc. who are similar in quality to your wife…who would do the same things around the house, educate and care for your children in the same way, etc.
How much do you think you would have to pay for this person work for your family — without having any outside life of their own, every day and night of the year — for many years? What do YOU think you would have to pay?
