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Child Support Budgeting

This guide delves into the distinct characteristics of child support income compared to other income types. It explains how to evaluate and calculate child support payments by considering each payor individually. The process involves determining if a new order exists, assessing income received during the base period, and analyzing payment patterns. We provide examples to illustrate how to count and calculate child support income effectively. Understanding these nuances is crucial for accurate budgeting and financial planning related to child support obligations.

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Child Support Budgeting

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  1. Child Support Budgeting

  2. What is special about Child Support income? OR How is Child Support Income different from other kinds of income?

  3. Child Support • Separate • Each payor is a different source of income • Separate and look at each payor individually • Add all payors together after determination

  4. Evaluation • Is this a new order? • Was any income received during the base period? • How often was the income received?

  5. Calculate • If there is a pattern to the payments then you will use the appropriate conversion factor to calculate and convert. • If there is no pattern to the payments then you will consider the income sporadic. Count actual income received in base period.

  6. Looking for Patterns

  7. Example 1

  8. $17 + $35 + $25 + $17 + $17 = $111 / 5 = 22 X 4.3 = $95

  9. Example 2

  10. 10/7/09-$293 + 9/4/09-$374= $667 / 2 = $334

  11. Example 3 Count $0

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