Official AOC Form. This is a Child Support Worksheet B - Child Support Obligation, Joint or Shared Physical Custody. This is an official form from the North Carolina Administration of the Courts - AOC, which complies with all applicable laws and statutes. USLF amends and updates the forms as is required by North Carolina statutes and law.
Wilmington North Carolina Child Support Worksheet B — Child Support Obligation Joint or Shared Physical Custody is a document utilized in calculating child support payments when parents share physical custody of their children. This worksheet is specifically designed for cases where the parents have joint or shared physical custody arrangements and wish to determine their respective obligations towards child support. In cases of joint or shared physical custody, the Child Support Worksheet B offers a comprehensive method to calculate child support obligations based on specific factors such as the income of each parent, the number of overnights the child spends with each parent, and additional expenses incurred for the child's welfare. This worksheet provides a detailed breakdown of the calculations involved in determining the parents' child support obligations. It ensures a fair assessment by taking into account both parents' income and their respective level of involvement in the child's daily life. Key factors considered within Wilmington North Carolina Child Support Worksheet B — Child Support Obligation Joint or Shared Physical Custody include: 1. Gross Monthly Income: This section requires both parents to disclose their gross monthly income, which includes their salary, wages, tips, bonuses, commissions, and other sources of income. 2. Allowable Deductions: Certain deductions are permissible, such as federal and state taxes, Social Security payments, mandatory retirement contributions, and health insurance premiums. 3. Number of Overnights: The worksheet considers the number of overnights the child spends with each parent. More overnights with a particular parent generally lead to a lower support obligation for that parent. 4. Additional Expenses: Extraordinary expenses, including healthcare, education, child care, and specific needs of the child, can also be considered in the calculation. These additional costs are distributed between the parents based on their income ratio. It's worth noting that Wilmington North Carolina Child Support Worksheet B — Child Support Obligation Joint or Shared Physical Custody is part of the broader child support guidelines used by the state to determine fair and reasonable child support amounts. While the main focus of this worksheet is the joint or shared custody arrangements, it is important to note that different versions of the worksheet may exist, tailored to various scenarios such as sole custody, split custody, or cases involving multiple children. These variations ensure that the child support calculations accurately reflect the unique circumstances of each custody arrangement. Wilmington North Carolina Child Support Worksheet B — Child Support Obligation Joint or Shared Physical Custody is a valuable tool for parents seeking clarity and fairness in determining child support obligations when sharing physical custody. By providing an organized structure, this worksheet assists in establishing child support payments that meet the financial needs of the child while acknowledging the contributions of both parents.
