Get Child Support Calculation Ny

Child support payments are not taxable. That means the parent making the payments cannot deduct them from income and their receipt is tax free to the parent who gets the payments on behalf of their children.

25% for two children. 29% for three children. 31% for four children. 35% for five or more children.

Follow the steps below to process an Income Withholding for Support notice quickly and accurately: Check the identifying information. Determine when you must begin withholding. Note the total amount to withhold. Calculate the amount you can withhold. Remit the payment as directed.

ing to the New York Civil Practice Law and Rules (CPLR) section 5241 and the Consumer Credit Protection Act (CCPA), the maximum amount that can be withheld for child support is between 50% - 65% of your disposable earnings, depending on your situation.

The amount that can be withheld from your wages is limited by the Federal Consumer Credit Protection Act. Here are the limits: 50 percent of disposable income if an obligated parent has a second family. 60 percent if there is no second family.

Under New York State law, parents are responsible for supporting their child until the child is 21 years old....These percentages are as follows: 17% for one child. 25% for two children. 29% for three children. 31% for four children. at least 35% for five or more children.

For one child, you take 17% of the parents' combined income, for two children you take 25%, for three children you take 29%, for four children you take 31% and for five children you take no less than 35% of the parents' combined income and this percentage amount represents the basic child support obligation.

Note: Where the total income of both parents exceeds the combined parental income amount of $163,000 the law permits, but does not require, the use of the child support percentages in calculating the child support obligation on the income above $163,000.