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    wlm328's Avatar
    wlm328 Posts: 1, Reputation: 1
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    #1

    Mar 11, 2011, 01:07 PM
    Child Maintenance
    How will my child maintenance be effected if my losses bring my income to zero for the past 3 years?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    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's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Mar 11, 2011, 01:42 PM

    Are you paying it, or receiving it, or are you the child ?
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    #4

    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.
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