Parents Worksheet for Child Support Amount Child Support Order: The Parent Worksheet and the Child Support Order are designed to work together. The Parents Worksheet breaks down the assets and debts, along with the wages of the parents, in order to to determine the appropriate amount of child support to be paid. The second document, a Child Support Order, once signed by the judge, legally binds the parents to the child support amount requested in said order. This form is available in both Word and Rich Text formats.
Child support is a legal obligation that parents have to financially support their children. In New York (NY), child support laws ensure that children receive adequate financial assistance from both parents, regardless of their relationship status or living situation. The child support amount in NY is calculated based on various factors such as income, parental custody arrangement, and the number of children involved. There are different types of child support amount calculations in NY. They are: 1. Basic Child Support: This is the most common form of child support, applicable when one parent has primary physical custody of the child. The noncustodial parent pays a fixed percentage of their income towards child support, determined by the number of children: — 17% of the noncustodial parent's income for one child — 25% for twchildrenre— - 29% for three children — 31% for four or more children 2. Shared Custody Child Support: When both parents share physical custody of the child for a significant amount of time, the child support calculation is different. It takes into account the income of both parents and adjusts the amount based on their respective parenting time and expenses. 3. Noncustodial Parent with Low Income: If the noncustodial parent's income falls below a certain level (currently set at $16,862 annual income), a different child support calculation is used. The amount is determined by considering the noncustodial parent's income and ability to pay. 4. Combined Income Over $154,000: If the combined income of both parents exceeds $154,000 annually, the court has the discretion to deviate from the percentage-based formula and calculate child support based on individual circumstances. It's important to note that NY child support amounts are subject to modification based on significant changes in circumstances, such as income variations or changes in custody arrangements. Additionally, parents can agree to a different child support amount through negotiations, but it must be approved by the court to ensure it meets the child's best interests. Understanding the child support amount in NY is crucial for parents to fulfil their financial responsibilities towards their children, ensuring they have the necessary financial support for their well-being and development.
