What Is Child Support?
In the wake of divorce and custody cases, child support payments are one of the biggest continuing expenses parents face. Part of your duty as a parent is to provide for your children.
As the name suggests, child support payments cover the cost of
- and other necessities.
Child support is paid by the parent who does not have primary custody to the parent that does.
Many areas of family law remain open to interpretation, child support, on the other hand, doesn’t work that way.
How Is Child Support Calculated?
In Oregon, child support initially follows a consistent, uniform formula. It takes a number of factors into account, but the equation stays the same from case to case.
On occasion, the courts can deviate from the formula based on qualifying circumstances. Factors like unique financial hardships and travel considerations can lead to variations.
When determining child support in Oregon, the courts look at your gross income. As opposed to your take home pay, this number is what you earn before removing any deductions.
This includes monthly salary before taxes, and also accounts for income coming from other sources, like bonuses or commissions.
Calculate Your Own Responsibility
To get started:
- Collect specific information about your income, finances, and taxes.
- You need your most recent tax returns, paycheck stubs, and tax forms, like W-2s or 1099s.
- any paperwork that documents disability or unemployment benefits,
- child health care costs, mandatory fees like union dues or retirement contributions,
- job related expenses.
- If you have child support payments for other children,
- spousal support payments, or similar costs, collect those.
Oregon’s child support formula looks like a math equation. You plug in numbers and it gives you the presumptive amount. However, just like having a professional look at your taxes, there may be items an experienced attorney sees that will benefit you.
Related Reading:8 Common Child Support Questions