Searching for Child Support Based On Potential Income information? Find all needed info by using official links provided below.
http://www.upstatefamilylawblog.com/potential-income-used-for-calculating-child-support/
Jan 20, 2014 · Potential Income Used in Calculation of Child Support. The South Carolina Child Support Guidelines set out the following as it relates to potential income: “If the court finds that a parent is voluntarily unemployed or underemployed, it should calculate child support based on a determination of potential income which would otherwise ordinarily be available to the parent.”
https://www.mundahllaw.com/what-is-potential-income-when-calculating-minnesota-child-support/
If a parent is voluntarily unemployed or underemployed, working less than full-time, or if there is no direct evidence of parental income, a Minnesota court will base a child support award on "potential income." The concept of potential income presumes that a parent can be gainfully employed on a full-time basis, which generally means a 40-hour work week.
https://www.lawyers.com/legal-info/family-law/child-support/imputed-income-in-child-support-calculations.html
If these records show your ex has hidden money, child support will be based on your spouse’s actual earnings, including hidden assets. Courts Impute Income to Make Child Support Fair. It might seem unfair for a court to impute income to an unemployed parent, since parents can’t control a bad economy or a stroke of bad luck.
https://mymodernlaw.com/blog/gross-income-child-support/
For the purposes of Child Support, Gross Income means income earned before taxes and deductions. However, this does not mean that the Court does not consider the impact of taxes. In fact, the Guidelines use a formula to convert gross income into net income based on the parent’s estimated tax bracket. As a result, the impact of taxes is built into the Arizona Child Support Guidelines.
https://www.revisor.mn.gov/statutes/cite/518A.32
This section applies to child support orders, including orders for past support or reimbursement of public assistance, issued under this chapter, chapter 256, 257, 518B, or 518C. If a parent is voluntarily unemployed, underemployed, or employed on a less than full-time basis, or there is no direct evidence of any income, child support must be calculated based on a determination of potential income.
https://www.nolo.com/legal-encyclopedia/establishing-calculating-child-support-faq.html
In each of these situations, a court may base the child support award on the income from the original job (ability to earn) rather than on the new income level (ability to pay). The basis for this decision would be that the children's current needs take priority over the parent's career plans and desires.
https://family.findlaw.com/child-support/child-support-determining-parents-income.html
Income also includes non-money items such as employment "perks" -- including use of the company car, free housing, and reimbursed expenses -- when these fringe benefits reduce personal living expenses. Basically, child support guidelines include as income any source of …
http://www.courts.alaska.gov/shc/family/supportfaq.htm
Mother’s current adjusted annual income is $20,000 per year. Based on her current adjusted annual income, Mother’s primary support amount for the 2 prior children if they were her only children would be $5,400 per year ($20,000 x 27% = $5,400) (under Civil Rule 90.3 (a) (2) calculation).
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