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wlm328
Mar 11, 2011, 01:07 PM
How will my child maintenance be effected if my losses bring my income to zero for the past 3 years?

JudyKayTee
Mar 11, 2011, 01:14 PM
What Country or State? The formula the Country/State uses is the final determination.

I don't know what you mean by losses. If you are talking about losses in the stock market or something similar they do not matter. Child support is NOT based on holdings/assets; it IS based on income.

The Courts care about what comes into your pocket. They don't care about offsets.

Fr_Chuck
Mar 11, 2011, 01:42 PM
Are you paying it, or receiving it, or are you the child ?

AK lawyer
Mar 11, 2011, 02:03 PM
Child support is calculated on the basis of gross income (with only a very few deductions), not net. Generally, how you calculate your income taxes is entirely different.