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Each U.S. state is responsible for developing a child support enforcement program that complies with federal requirements, including a guidelines method of calculating child support. At minimum, 45 C.F.R. 302.56 requires each state to establish and publish a guideline that is presumptively (but rebuttably) correct, and review the guideline, at ...
Calculations is related with how much money is necessary to grow a child in that a certain country. There are too many factors for calculating the amount of cost which child should receive each month: Adjusted gross income of parents, special needs the child can have, including mental or physical illnesses which may require the parents, time that parents spend with the children, medical costs ...
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.
Under California law, for example, child-support money may be used to "improve the standard of living of the custodial household" and the recipient does not have to account for how the money is spent. [26] Child support orders may earmark funds for specific items for the child, such as school fees, day care, and medical expenses.
Child support doesn’t count as income, so you shouldn’t include child support on taxes, according to IRS guidelines. Related: 8 Best Tax Tips for Single Parents.
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 ...
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