Child Support
Child Support
Child support payments are typically determined according to basic and objective
guidelines. Most states have set up mathematical formulas to determine the
amount of the payment. Attorneys are often able to calculate child support
payments for their client using child support calculators, which give an estimate of
the potential amount that the noncustodial parent will have to pay the custodial
parent.
What factors are taken into account in calculating child support?
The child support calculation formula usually takes into account the net incomes of
the parents. Federal and state income taxes, Social Security and Medicare taxes,
health insurance payments, union dues, and other mandatory expenses are
typically deducted from the gross income of the parents before calculating the
child support amount. In many cases, parents may have to present evidence
regarding their income, including pay statements, profit/loss statements of sole
proprietorships, or tax returns. This evidence prevents one party from hiding
income which should be included to properly calculate child support.
In addition to the net income of the parents, the child support formula takes into
account other factors, such as the amount of time a child spends or lives with each
parent, the number of children, and special medical or educational expenses.
Determining the amount of child support can be very complex, and the child
support calculation formula varies from state to state. As a result, some states use
computer programs to determine the accurate amount of child support, while other
states have different methods. An attorney in your area can provide expertise with
the child support formula in your jurisdiction.
- In cases of a separation or divorce where
child custody is being disputed, the divorce
decree will often include a child support order.
The child support order typically defines the
frequency and the amount of child support
payment that one parent, who is generally the
noncustodial parent, has to make to the other
parent, who is generally the custodial parent,
for the support of their minor child. One of the
main purposes of a child support order is to
regularly transfer some amount of the earnings
of one parent to the other parent, which
combines the assets of both parents to
financially support the child.
Child support payments are typically determined according to basic and objective
guidelines. Most states have set up mathematical formulas to determine the
amount of the payment. Attorneys are often able to calculate child support
payments for their client using child support calculators, which give an estimate of
the potential amount that the noncustodial parent will have to pay the custodial
parent.
What factors are taken into account in calculating child support?
The child support calculation formula usually takes into account the net incomes of
the parents. Federal and state income taxes, Social Security and Medicare taxes,
health insurance payments, union dues, and other mandatory expenses are
typically deducted from the gross income of the parents before calculating the
child support amount. In many cases, parents may have to present evidence
regarding their income, including pay statements, profit/loss statements of sole
proprietorships, or tax returns. This evidence prevents one party from hiding
income which should be included to properly calculate child support.
In addition to the net income of the parents, the child support formula takes into
account other factors, such as the amount of time a child spends or lives with each
parent, the number of children, and special medical or educational expenses.
Determining the amount of child support can be very complex, and the child
support calculation formula varies from state to state. As a result, some states use
computer programs to determine the accurate amount of child support, while other
states have different methods. An attorney in your area can provide expertise with
the child support formula in your jurisdiction.
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