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Child Support Formula:
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Child support is a periodic payment made by a parent for the financial benefit of a child following the end of a marriage or other relationship. The calculation considers the income of the paying parent, the needs of the child, and additional expenses.
The calculator uses the basic child support formula:
Where:
Explanation: The calculation determines the base support amount as a percentage of income, then adds any additional child-related expenses.
Details: Accurate child support calculation ensures children receive adequate financial support while being fair to both parents. It helps maintain the child's standard of living across both households.
Tips: Enter monthly income in USD, the support rate as a percentage, and any additional expenses. All values must be valid (income > 0, rate between 0-100%).
Q1: What is a typical child support rate?
A: Rates vary by jurisdiction but typically range from 15-25% of income per child, often with reductions for additional children.
Q2: What expenses are typically included in addons?
A: Addons may include health insurance premiums, childcare costs, educational expenses, and extraordinary medical expenses.
Q3: How often should child support be recalculated?
A: Support should be reviewed whenever there's a significant change in income (≥15%) or the child's needs change substantially.
Q4: Are there limitations to this calculation?
A: This is a simplified calculation. Actual court-ordered support may consider more factors like custody arrangements and local guidelines.
Q5: Can this be used for legal purposes?
A: This calculator provides estimates only. For legal purposes, consult with a family law attorney in your jurisdiction.