Tuesday, May 6, 2014

WISCONSIN Part 49

Income can be actual money earned or property or services. It can come from a wide range of sources like wages, tips, bonuses, commissions, or interest on assets like real property (a house) or investments. It also includes worker’s compensation benefits, unemployment insurance, and social security disability payments and contributions to retirement accounts. If you have been in the military, then your allowance or veteran’s benefits will be part of the calculations, too.

Income does not include public assistance payments such as social security or food stamps. Also, if you already have a court order for support payments of another child, then you can exclude that amount, too.

Wisconsin’s Department of Children and Families provides a helpful worksheet to help you determine what income to use. See Income for Child Support.

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