Ordinary and necessary living expenses.

1. Law
2. CFR 31
3. Money and Finance: Treasury
4. Office of the Secretary of the Treasury
5. Federal Benefit Payments Under Certain District of Columbia Retirement Programs
6. Debt Collection and Waivers of Collection
7. Standards for Waiver of Overpayments
8. Ordinary and necessary living expenses.

§ 29.525 Ordinary and necessary living expenses.

An individual's ordinary and necessary living expenses include rent, mortgage payments, utilities, maintenance, transportation, food, clothing, insurance (life, health, and accident), taxes, installment payments for which the individual is already liable, medical expenses, support expenses for which the individual is legally responsible, and other miscellaneous expenses that the individual can establish as being ordinary and necessary.

Download our app to see the most-to-date content.