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    creole404's Avatar
    creole404 Posts: 3, Reputation: 1
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    #1

    Jan 7, 2009, 12:12 PM
    Child support calculations for self employed
    I am currently self employed and I am looking to do a child support modification for an existing child support order that I have to be reduced for lack of business. I am a real estate professional and the market in Ga has been really bad because of the recession. I live in Ga and the child resides in Ny. I am trying to figure out how would the calculations of my child support be determines If for the last 2 years I have shown a loss in 2007 for
    -$15,000 and for 2008 -$20,000. How is child support based for some one in my situation who shows no income but a net loss. Please help me.

    Thanks
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Jan 7, 2009, 12:18 PM

    Part of the issue is self employment, what you call deductions for IRS may not be considered valid expense by a child custody / support court.

    But support is based on people with no income normally ( in GA) at 30 hours at min wage, then 17 percent of that for support. Some state have just a min amount due if there is no income.

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