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Both parents contribute child support payments, ing to their incomes. For instance, for income over $10,000, the guidelines stipulate the lowest amount based on the following percentages: One child ? 5%, two children ? 7.5%, 3 children -9.5%, four children ? 11%, five children -12% and 6 children up to 12.5%.
Gross income is the first factor used to calculate child support payments in Florida. Gross income includes all wages, salaries, or other compensation earned by either party and any money received from investments or other sources such as Social Security or disability benefits.
Hawaii child support is based on the number of overnight visits. Hawaii uses overnights or where the children sleep as the basis for figuring shared custody timeshare percentages in its child support formula. Besides income, overnight totals are a key part of the Hawaii child support formula.
After you have added up all of the various deductions which you are entitled to be credited with under Florida law, you subtract that total from your gross income. This is your monthly net income for calculating child support.
Divide either parent's net income by the combined available income. Multiply the result by 100 to get their percentage of financial responsibility. The remaining percentage is the other parent's responsibility. Example: Jamie divides her net income of $4,000 by $6,400 (the combined net income from Step 2).