Need answer this evening 7/26 - is expected sign on bonus considered an asset or income?

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I agree with Steve, with the additional thought that even if contractual its mostly contingent on some occurrence or performance. Also as I recall, if its a commission based on some formula its income when earned, not when paid. Like a realtor with pending escrows.
Perhaps list it on Schedule I, para 13 re future earnings?
Best regards
Larry Webb
California Board of Legal Specialization
Certified Specialist in Bankruptcy Law
P 805.987.1400
F 805.987.2866
C 805.750.2150

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