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How to fill out the Shared Placement online
Completing the Shared Placement worksheet is essential for estimating child support based on shared parenting arrangements. This guide will provide a clear, step-by-step approach to help you fill out the form accurately and efficiently.
Follow the steps to complete the Shared Placement worksheet.
- Press the ‘Get Form’ button to access the worksheet and open it for editing.
- Begin by entering each parent’s monthly income in Line 1, ensuring accuracy for effective support estimation.
- For Line 2, input the percentage based on the number of children you are calculating support for: 17% for one child, 25% for two children, and so forth up to 34% for five or more children.
- Multiply the value from Line 1 by the percentage from Line 2 to find the estimated support amount for each parent on Line 3.
- On Line 4, note that this line represents the 150% multiplier, which is necessary for considering each parent’s contribution toward basic support costs.
- For Line 5, multiply the amount from Line 3 by 150% (or 1.5) for each parent to determine their adjusted support responsibility.
- To accurately reflect the time spent with the children, enter the percent of time each parent has in Line 6, normalized by the total days (365).
- Now, multiply the amounts from Line 5 by the time spent from Line 6 to generate the necessary support figures in Line 7.
- Select the higher dollar amount from Line 7 to enter into Line 8, identifying the parent with the greater financial obligation.
- Enter the lower dollar amount from Line 7 into Line 9, which represents the lesser financial duty.
- Finally, calculate Line 10 by subtracting the amount in Line 9 from Line 8 to ascertain the estimated support amount, exclusive of variable costs.
Complete your Shared Placement worksheet online today for an accurate estimate of your support responsibilities.
50/50 schedules can benefit a child because the child spends substantial time living with both parents. This allows him or her to build a close relationship with both parents, and to feel cared for by both parents. 50/50 schedules work best when: The parents live fairly close to each other, so exchanges are easier.
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