Child support can quickly become one of the most confusing and debated aspects of any divorce. Both parents want the best for their children, but at the same time, they want to ensure that they’re not paying more than they ultimately should be. While New York follows a specific algorithm when calculating these payments, things aren’t always as black and white as they seem.
HOW IS CHILD SUPPORT CALCULATED IN NEW YORK?
In most cases, child support is calculated based on both parents’ yearly income and the number of children involved. Certain percentages indicate how much a parent must pay per month by multiplying their yearly income by the applicable percentage.
The state applies the following percentages to most cases:
- 17% of the parents’ combined income for one child
- 25% of the parents’ combined income for two children
- 29% of the parents’ combined income for three children
- 31% of the parents’ combined income for four children
However, in addition to this amount, parents may also be required to cover the cost of add-on expenses. These expenses might include childcare, education, and extracurricular activities. The specific amount a parent has to pay is decided based on a proportional basis; that is, how much does each parent make per year?
If one parent earns 40% of the total parental income, they are responsible for paying 40% of the add-on expenses. It sounds simple enough, but things can quickly escalate in confusion in the midst of heated discussions in court. Add-on expenses may change throughout the year, so parents are often wary about their total child support payments changing with them.
As you face important child support decisions, it is important that you protect yourself by retaining skilled legal representation. Our firm has over 20 years of experience and is deeply committed to the best interests of our clients. Whatever your circumstances, our New York divorce attorney is here for you.
Schedule your confidential consultation today with Peter L. Cedeño & Associates, P.C.