If child support is supposed to be 25% of the payer's income, help me figure out the right amount in this little fictional scenario here:
Gross annual income is 70,000
Allow about 15% for taxes (down to 59500 annually, 4960 per month)
Health, dental and life insurance, 401k, etc. comes to 250/month (making the net income 4710 per month)
Now, if 25% is supposed to go to child support, would that be 25% of 4960 (monthly child support 1240) or 25% of 4710 (monthly child support approx 1175)?
I know, it's confusing... I've done several drafts of this question to try to make it as understandable for you as possible, and so that I can understand your answers. LOL
Basically, is the amount figured up using income before benefits are taken out, or after?
2007-12-18
03:00:16
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13 answers
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asked by
CrazyChick
7