Washington Price Setting Worksheet

State:
Multi-State
Control #:
US-04011BG
Format:
Word; 
Rich Text
Instant download

Description

This worksheet provides a checklist of things to consider when setting prices.
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How to fill out Price Setting Worksheet?

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FAQ

The support you pay all your biological children should be no more than 45% of your net income. Each child is entitled to a proportional share. This applies only to the children in the case before the court. The court can ignore this limit.

On the basic rate, if you're paying for: one child, you'll pay 12% of your gross weekly income. two children, you'll pay 16% of your gross weekly income. three or more children, you'll pay 19% of your gross weekly income.

Under this rate, parents are required to pay the following: 12% of their gross weekly income for 1 child. 16% of their gross weekly income for 2 children. 19% of their gross weekly income for 3 or more children.

On the basic rate, if you're paying for: one child, you'll pay 12% of your gross weekly income. two children, you'll pay 16% of your gross weekly income. three or more children, you'll pay 19% of your gross weekly income.

12% of your gross weekly income for one child. 16% of your gross weekly income for two children. 19% of your gross weekly income for three or more children.

In state-by-state rankings, Massachusetts ranks highest with the most expensive child support payments, averaging $1,187 per month. Virginia mandates the least support at $402 per month.

To calculate child support, use the combined net income of both parents (in other words, add your net income to the other parent's net income) to determine the total amount of child support due.

The maximum child support is applied to the combined income of both parents up to 2.5 times the annual equivalent of all Male Total Average Weekly Earnings (MTAWE) and calculated using the Costs of Children Table.

Washington State uses a child support formula to determine the base monthly child support amount. The factors include the number of children, their ages, and the incomes of the parents. Depending on the variables plugged into the formula, the base child support payment will be anywhere from $200 up to $3,500 per month.

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Washington Price Setting Worksheet