Georgia Price Setting Worksheet
Description
How to fill out Price Setting Worksheet?
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FAQ
If Parent A, who makes 60% of the total income, is the non-custodial parent they would be responsible for 60% of the base amount. The calculation of child support is then calculated as $1,749 (base amount) x . 60 (60% obligation) = $1,049.40 (the basic child support obligation).
If this family has one child, the Basic Child Support Obligation is $1,259, according to the schedule in the statute. You can check out the schedule here, at the end of the statute. While the Basic Child Support Obligation does increase with each child, that increase is less than the support amount for the first child.
The non-custodial parent's income is 66.6% of the parent's total combined income. Therefore, the non-custodial parent pays $666 per month in child support, or 66.6% of the total child support obligation.
Vendors are allowed to keep a percentage of the tax collected, known as the Vendor's Compensation. The deduction consists of 3% of the first $3000 collected, and 0.5% of any amount collected over $3000. For example, if you collected $5000 in taxes, your deduction would be $100.
How to Fill Out Child Support Worksheet?Provide basic information.List your and your ex-spouse's gross monthly income.Determine all the child-related expenses.Add deviations, if any.Complete the Findings of Fact section if you have listed any deviations.
If Parent A, who makes 60% of the total income, is the non-custodial parent they would be responsible for 60% of the base amount. The calculation of child support is then calculated as $1,749 (base amount) x . 60 (60% obligation) = $1,049.40 (the basic child support obligation).
Monetary support (food, clothing, & shelter), health insurance, basic education expenses. Also might include child care expenses, extraordinary medical expenses, visitation travel costs, and extracurricular activities.
In order to calculate child support, Georgia uses very specific guidelines based on an "Income Shares Model." This model estimates the total amount that parents would spend on a child in an intact family unit, and then splits this amount proportionately according to the parents' incomes.
Georgia uses an "income-sharing" approach to determine the amount of support. Basically, the amount each parent will have to pay in child support will be based upon both the mother and father's joint incomes, minus any deductions.
