child support (1)

Last week we addressed what child support was. This week we are going to address what sources of income the Court looks at to determine a parent’s gross income.  Child support under the New Jersey Child Support Guidelines is based on both parents being responsible for the financial needs of their children.  The child support guidelines use the combined net income of both parents to determine the child support amount.  Generally, net income is gross income minus mandatory taxes, mandatory union dues, mandatory retirement, previously ordered child support orders and if appropriate a theoretical child support amount for other dependents.  Gross income can come from employment, business income, real estate gains, interest and dividend income, rental income, alimony and other sources as well.  For a party  who is not employed the Court may impute income to them – that is assign income to them that will be used in the child support guidelines.

If you have any questions regarding child support and how it relates to your family we are available to discuss your concerns with you, please call our firm at 908-879-9499.