Search results
Results From The WOW.Com Content Network
In the United States, child support is the ongoing obligation for a periodic payment made directly or indirectly by an "obligor" (or paying parent or payer) to an "obligee" (or receiving party or recipient) for the financial care and support of children of a relationship or a (possibly terminated) marriage.
Child support and the income shares have some purposes like these are creating a support for children consistent with the suitable needs of children and parents to pay, making child support orders coherent and giving guidance to courts and parents to set child support. Child support is prorated between each parent depend on their total income.
The Child Support Enforcement Agency. Unlike alimony, which is for the spouse’s benefit, child support is for the child’s benefit. Tax Treatment of Child Support. So, is child support tax ...
Child support may be ordered to be paid by one parent to another when one is a non-custodial parent and the other is a custodial parent. Similarly, child support may also be ordered to be paid by one parent to another when both parents are custodial parents (joint or shared custody) and they share the child-raising responsibilities.
For premium support please call: 800-290-4726
If you’re wondering where to find child support received on the 1040 tax form, you don’t report child support payments that you received — or were entitled to — anywhere on your Form 1040 ...
The court may award child support as far as three years back before the case was started. The amount of child support depends on the particular custody arrangement, parents’ net income and whether they have other support obligations. A failure to pay child support in line with final judgement is a crime punishable by up to three years in ...
In the waiting room of a Jacksonville orthodontist, Connie Bryan pulled out her phone and opened a decade-old spreadsheet of what her ex-husband owed. She added his half of the $111 monthly cost ...