Child Support Alimony Calculator For Colorado
Description
How to fill out Affidavit Of Defendant Spouse In Support Of Motion To Amend Or Strike Alimony Provisions Of Divorce Decree Because Of Obligor Spouse's Changed Financial Condition?
Discovering a reliable source for the latest and pertinent legal templates is part of the challenge when dealing with bureaucracy.
Acquiring the correct legal documents demands accuracy and careful consideration, which is why it is vital to obtain samples of the Child Support Alimony Calculator For Colorado solely from reputable sources like US Legal Forms.
Ease the stress associated with your legal paperwork. Browse the extensive US Legal Forms collection where you can find legal templates, verify their applicability to your situation, and download them instantly.
- Utilize the library navigation or search function to find your template.
- Examine the form's details to confirm it aligns with the requirements of your state and county.
- View the form preview, if accessible, to ensure the template is what you are after.
- Continue searching and look for the appropriate template if the Child Support Alimony Calculator For Colorado does not meet your needs.
- If you are confident about the form's suitability, download it.
- If you are an authorized user, click Log in to verify your account and access your selected forms in My documents.
- If you do not have an account yet, click Buy now to purchase the template.
- Choose the pricing plan that meets your requirements.
- Proceed to register to finalize your purchase.
- Complete your purchase by selecting a payment method (credit card or PayPal).
- Choose the file format for downloading the Child Support Alimony Calculator For Colorado.
- Once the form is on your device, you can edit it using the editor or print it out and fill it in manually.
Form popularity
FAQ
Alimony and Child Support Calculator Alimony payments will then equal forty percent of the higher-earning spouse's monthly adjusted gross income, with fifty percent of the lower-earning spouse's monthly adjusted gross income deducted. Child support is calculated by the gross income of both parents.
Pursuant to the Colorado child support statute, alimony counts as income for child support purposes to the child support recipient. Conversely, alimony paid by the party also paying child support is deducted from his or her income.
Colorado courts take 40 percent of the divorcing couple's combined monthly adjusted gross income (AGI) and subtract from that the lower-earning spouse's monthly AGI.
Adjusted gross income, the child support obligation must be capped at twenty percent of the obligor's adjusted gross income. The minimum guideline amount for obligors earning less than $1,500 per month shall not apply when each parent keeps the children more than ninety-two overnights each year.
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.