How is CS determined in a 50/50 custody situation? Twenty percent of net income for the first kid and five percent for each successive child are the guidelines. Does it change based on the amount of time and nights spent with kids? How has it worked out for you?
1 Like
When it comes to calculating child support in Texas, the first step is to determine the paying parent’s net resources. This includes all income, such as salary, tips, overtime, bonuses, and commissions, as well as self-employment income, retirement benefits, and other forms of income. However, certain items are not counted, like income from a new spouse, accounts receivable, and benefits from federal assistance programs. The court then subtracts federal and state income taxes, social security taxes, union dues, and other deductions to arrive at the net income. The number of children involved also plays a significant role, with the guidelines providing a percentage of the net income based on the number of children. For example, for one child, the paying parent’s net income is 20% of their net income, increasing by 5% for each additional child up to a maximum of 40% for five or more children. The court may also deviate from these guidelines if it finds that the amount prescribed is unjust or inappropriate under the circumstances.
1 Like
Child support in 50/50 custody situations vary depending on region and each parent’s income. If the parents’ salaries differ significantly, the court may award child support to guarantee an equal lifestyle for the children. Parental incomes, the number of children, living expenses, childcare, and health insurance are all factors to consider. In real 50/50 custody, time spent with the child usually has little impact on support payments. It is recommended that you seek particular assistance from a local family lawyer.
1 Like
It is determined by her pay, your pay, the timeshare, the cost of insurance, and the expense of child care, if any. Nobody can tell you that you are overpaying since they are unaware of all the factors.