FL-150 is a California family court form used to provide a detailed picture of a party’s financial situation in cases involving divorce, legal separation, annulment, child custody, child support, or spousal support. It is one of the most important financial documents in family law because judges rely on it to calculate support amounts and to understand each party’s financial needs and abilities. The information must be complete, accurate, and updated to reflect the person’s current financial circumstances.

On this form, a party lists their monthly income, employment information, tax filing status, and all sources of earnings. This may include wages, bonuses, self-employment income, rental income, disability benefits, retirement income, or any other financial resources. FL-150 also requires supporting documents—most commonly the last two months of pay stubs and the most recent tax return—which help verify the information provided.

FL-150 also includes a detailed breakdown of monthly living expenses, such as housing costs, utilities, food, transportation, insurance, childcare, and other essential expenses. These details help the court determine a party’s actual financial needs. Additionally, the form requires disclosures about debts, assets, and any extraordinary expenses related to children, such as medical needs or education costs. All of this information contributes to fair and accurate support orders.

Because FL-150 is signed under penalty of perjury, honesty is critical. Providing false or incomplete information can lead to financial penalties, reduced credibility in court, and in serious cases, sanctions. Accurate disclosure ensures both sides can negotiate fairly and the judge can make informed decisions. Even in uncontested cases or settlements, the form must be completed to ensure transparency and fairness.

In summary, FL-150 is a foundational financial disclosure form in California family law. It gives the court—and the other party—a clear view of income, expenses, assets, and financial obligations. This helps ensure support calculations are fair, property issues are addressed properly, and both sides have the information needed to reach a resolution. Completing FL-150 thoroughly is essential for moving a family law case toward settlement or judgment.