Minnesota Law Requires Income Verification in Divorce
As part of the Legislature’s significant changes to Minnesota family law, a new law requires divorcing parties to verify income for support purposes after the divorce decree is entered by the court. The new statute also provides remedies for not complying with the disclosure requirements.
Minnesota Statute Section 518A.28, subd. 2(b) provides that parties subject to a child support order must exchange the following documents within 30 days of receiving a request from the other party:
1. A complete copy of the other party's filed federal income tax return for the preceding year or if the tax return has not been filed
2. The other party's (1) 1099 forms, (2) W-2 forms, and (3) K-1 forms.
If you have questions about how this new law might affect you, please contact Minneapolis family law attorney Rob Hill today.