Income
You must know the net income of both parents before you can
calculate child support. Net income is the amount you take home in your
paycheck after taxes and other deductions like social security and health
insurance costs have been taken out. If you think you don’t have any income
because you don’t earn a paycheck, think again. In Wyoming, income for child
support also includes unemployment benefits, most worker’s compensation
payments, and retirement benefits, among other things. Also, if you are voluntarily
unemployed or underemployed, then a court could derive a potential income based
on what you could be making.
Apart from the financial resources above, there are some
items that fall outside of the scope of income. Besides personal income taxes,
social security, and health insurance premiums, you can also exclude other
court-ordered support (like alimony) to arrive at your net income. Also, any
means-tested resources, like Pell grants, food stamps, and the POWER program
are not included when calculating your net income.
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