Monday, April 14, 2014

NEW YORK Part 60

In applying the formula to come up with a basic child support obligation, the court adds the income of both parents and multiplies it by the appropriate child support percentage (based on the number of children). Your income for purposes of this calculation is your "gross income as was or should have been reported on the most recent federal income tax return." There are required deductions from gross income like alimony, public assistance, supplemental security, and New York City and Yonkers income taxes actually paid.

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