Calculating Child Support In Melbourne, Merritt Island, Titusville, Viera, Florida
Florida Statute 61.13 is a law that governs the guidelines for determining child support in the state of Florida. Within this statute, there are several factors that are considered when determining the amount of child support that a parent is required to pay.
Factor 2 in Florida Statute 61.13 refers to the “monthly gross income of both parents.” When determining child support payments, the court will consider the income of both parents, including any wages, salaries, tips, commissions, bonuses, and other types of income. The court may also consider other sources of income, such as rental income, investment income, and retirement benefits.
The court will use the parents’ gross income to calculate the basic child support obligation, which is the amount of money that the non-custodial parent is required to pay to the custodial parent each month to support the child. Other factors may also be considered when determining the final child support payment, such as the number of children involved, the amount of time each parent spends with the child, and any special needs or expenses of the child.
If you need help calculating child support or understanding what is considered in the calculations, call or text Rhoden Law Group 321-480-7557, our consultations are always a courtesy.