Child Support Worksheet B Colorado With Dependents
Description
How to fill out Colorado Child Support Worksheet B?
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FAQ
Under Colorado Revised Statutes Section 14-10-115, a parent's adjusted gross income refers to his or her gross income minus pre-existing child support and alimony obligations. Income can refer to more than just the wages you earn at your place of employment, however. Income can refer to: Wages.
In cases in which the parties share equal parenting time and have similar incomes the child support calculation could render a result such that neither pays the other any support. A common misconception is that because there is 50/50 parenting time, neither owes child support, which is just not true.
A: The standard child support percentage is 20% of the parents' combined gross income. An additional 10% is added for each additional child. If there are extenuating circumstances, the court may call for a higher or lower percentage to reflect your situation.
Reality: A new spouse's income usually has no effect on the paying parent's child support obligation. It is the parent of the child who has to pay, not the new spouse. Myth: Child support can not be modified.
Can the court use my wife's income for calculating child support? No. The income of new spouses, or spouses in just a custody case, has no bearing on a child support calculation. However, the cost of a spouse to cover the cost of health insurance for a child may be factored into a child support calculation.