Imputed Income

Definition: Imputed income refers to the value of a non-cash benefit or economic gain that an individual receives, which is treated as taxable income by law. It includes benefits such as employer-paid life insurance, personal use of a company vehicle, or below-market interest loans. Even though no money is directly received, the value of these benefits must be reported for tax purposes.

Return to Glossary

Barnes Walker legal reference book
#ABCDEFGHIJKLMNOPQRSTUVWXYZ

What Is Imputed Income?

Imputed income is income that a Florida court attributes to a party in a family law proceeding even though that party does not actually earn it. Under Section 61.30(2)(b), Florida Statutes, courts impute income when a parent or spouse is voluntarily unemployed or underemployed, preventing deliberate income reduction to manipulate support obligations.

When Courts Impute Income

Florida courts impute income after finding that a party is voluntarily earning less than their capacity. The court considers:

Federal minimum wage serves as the floor for imputed income when earnings history is insufficient to establish a higher capacity.

Applications in Florida Family Law

2023 Alimony Reform Impact

The 2023 Florida alimony reform (Section 61.08) reinforced imputed income by requiring courts to evaluate the receiving spouse’s earning ability, employment history, and efforts to become self-supporting.

Related Terms

Barnes Walker Family Law Services

Barnes Walker’s attorneys handle imputed income disputes in child support and alimony proceedings throughout Manatee and Sarasota counties. Request a legal inquiry for assistance.

Reviewed by the attorneys at Barnes Walker, Goethe, Shea & Robinson, PLLC

Disclaimer: The information and opinions provided are for general educational, informational or entertainment purposes only and should not be construed as legal advice or a substitute for consultation with a qualified attorney. Any information that you read does not create an attorney-client relationship with Barnes Walker, Goethe, Shea & Robinson, PLLC, or any of its attorneys. Because laws, regulations, and court interpretations may change over time, the definitions and explanations provided here may not reflect the most current legal standards. The application of law varies depending on your particular facts and jurisdiction. For advice regarding your specific situation, please contact one of our Florida attorneys for personalized guidance.

Trust • Experience • Results

Ready to Get Started?

Contact our team for a consultation. We'll guide you through the process.

Legal Inquiry Title Inquiry