Why are your tax returns important?
When divorcing, the parties are separating from a single household to two households. Depending on the length of the marriage, one spouse may receive spousal support or maintenance from the other. However, this largely depends on who is making more money. The "monied" spouse could be required to pay the "non-monied spouse" support for a number of years depending on how long they were married and the circumstances of the marriage. A formula is used in New York to determine just how much and for how long.
In addition, child support, where applicable, relies on the income levels of the parents. For this reason, income tax returns are necessary. In some instances, a truer identification of income is found with pay stubs. And in some cases, retirement programs, such as deferred compensation, must be analyzed by the attorney to get true income