Child support is paid by the non-custodial parent to the custodial parent. The non-custodial parent will pay a percentage of their gross income (minus some limited deductions) to the custodial parent in child support payments. From your gross income, you can deduct: (i) any New York City and Yonkers local taxes withheld; (ii) the FICA (social security, medicare) taxes you pay; (iii) any maintenance (alimony) paid to a prior spouse; and (iv) any child support paid for children from a prior relationship.
The Badanes Law Office Will Calculate Your New York Child Support Payments
Once your deductions are taken from your gross income you will get your “Child Support Net Income”, this is probably more than your actual net income (take-home pay). Once your “Child Support Net Income” is computed, the amount of money you pay (or receive) depends on how many children you are supporting.
The Child Support Standards Act (CSSA) states the guidelines of how much you will pay in child support. The percentages are:
- 1 child: 17%
- 2 children: 25%
- 3 children: 29%
- 4 children: 31%
- 5 or more children: at least 35%
If you settle your divorce, you and your spouse can agree to more or less then the CSSA standards. There could be several factors that could influence whether you can negotiate more or less child support payments. The Badanes Law Office will help you indentify these factors.
When Your Income Changes, Call The Badanes Law Office Child Support Attorneys For Help
What happens if after your divorce you lose your job or your ex now makes more money then he or she use to. If you are paying child support, you may be eligible for a reduction in your child support obligation or if you are receiving child support, you may be eligible for an upward modification in child support payments.
To obtain a modification of child support, you must show the Court that there has been a change of circumstances (or in some instances a significant change of circumstances) since your divorce. The Badanes Law Office has the experience and knowledge to help you gather the facts and present your case to the Court.
If you need a Long Island Divorce Attorney to help you in your divorce or in your child support issue, contact the Badanes Law Office today.