Question: Income source for NY support calculation
I'm trying to figure out what the basis is for determining child support
in NY. I know there our a lot of "buts" and "ifs". I'm looking for the basic determination. NY State law reads that the percentage should be calculated based on the "gross income". Is this the adjusted gross income? When I brought this up to someone, they said that some items can still be added in. For example, if you are depreciating an asset the depreciation amount is added back in before taking the percentage calculation. So the math looks something like this: (adjust gross income - 7.5% for social security + depreciation of assets) x child support percentage Does anyone have a reference to a law or previous court case I can use to help me figure this out? I just don't want any surprises when I get to court. |
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