A receipt is a written acknowledgment by the recipient of payment for goods, payment of a debt or receiving property from another. An acknowledgment receipt is a recipient's confirmation that the items were received by the recipient.
Colorado Receipt for Money Paid or Expenses Incurred on Behalf of Payor's Children
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State:
Multi-State
Control #:
US-01878BG
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Word;
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How to fill out Receipt For Money Paid Or Expenses Incurred On Behalf Of Payor's Children?
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FAQ
Every state is different. In Colorado, parents whose child support order began after July 1, 1997, cannot be required to provide support once a child turns 19 years of age ? whether they pursue postsecondary education or not.
The parent requesting to impute income must show that the other parent is either hiding money or that they could be earning significantly more. In order to show this, they must present the other parent's tax returns, employment history, educational records, etc.
Extraordinary medical expenses must be addressed in child support orders. These expenses are any uninsured medical/dental/mental health expenses over $250 per year per child (the first $250 is considered in the basic child support) and may include the costs of: Dental work (e.g., braces) Physical therapy.
Understanding Income in Colorado's Child Support Guidelines Either way, it's essential to consider all forms of income when making the child support determination including: Wages, salary, and tips. Required overtime pay. Commissions.
Tuition and Extracurricular Activity Costs Those educational expenses are not included in Colorado's basic child support guidelines, but they can be divided between parents in proportion to their income as part of a child support order.
Extracurricular activities are not currently defined under Colorado law for purposes of child support, so parties should be sure to include a definition in their settlement documents (for example, ?'Extracurricular activities' may include but are not limited to activities that are associated with school such as band, ...
Extraordinary Medical Expenses These are known as ?extraordinary expenses?, and per C.R.S. 14-10-115(10)(h) the extraordinary medical expenses in excess of $250 per child per year are divided between the parties proportional to their incomes.
