Get the free 2013-14 Child Support Worksheet V-3 - fiskedu

Office of Student Financial Aid 1000 Seventeenth Avenue North Nashville, Tennessee 372083051 Phone 615.329.8735 Fax 615.329.8774 Email fin aid Fisk.edu 201314 Child Support Worksheet (V3) Background:

How to fill out 2013-14 child support worksheet

How to fill out 2013-14 child support worksheet:

1. Gather all necessary information: Before starting to fill out the child support worksheet, make sure to gather all the necessary information, including the income details of both parents, the number of children, and any additional expenses related to the children.
2. Determine the income: Calculate the gross income of both parents. This includes regular employment income, self-employment income, bonuses, commissions, investment income, and any other sources of income. It is important to be accurate and comprehensive in reporting all sources of income.
3. Deduct allowable expenses: Certain expenses can be deducted from the gross income of both parents. This includes taxes, mandatory retirement contributions, union dues, health insurance premiums, and child support for other children from previous relationships. It is important to carefully review the guidelines to identify all applicable deductions.
4. Calculate the adjusted income: Once all the allowable expenses have been deducted, the adjusted income for each parent can be calculated. This adjusted income is used to determine the child support obligation.
5. Determine the parenting time: Consider the amount of parenting time each parent has with the children. This is important because it affects the child support obligation. There are specific guidelines for calculating child support based on the number of overnights each parent has with the children.
6. Calculate the child support amount: Use the appropriate child support guidelines to calculate the child support amount based on the adjusted income and parenting time. The guidelines may vary depending on the jurisdiction, so it is important to consult the specific guidelines provided by the relevant governing authority.
7. Complete the worksheet: Use the child support worksheet provided for the 2013-14 period to input all the necessary information. Ensure that all calculations are accurate and all required fields are filled out.

Who needs the 2013-14 child support worksheet?

1. Parents going through a divorce or separation: When parents are going through a divorce or separation, it is common to use a child support worksheet to calculate the amount of child support that one parent should pay to the other. The 2013-14 child support worksheet is specifically relevant for individuals who need to determine the child support obligation during that specific time period.
2. Legal professionals and mediators: Lawyers, legal professionals, and mediators involved in family law cases may need to use the 2013-14 child support worksheet when assisting clients with child support calculations. They need this worksheet to determine the appropriate child support amount and ensure compliance with the relevant laws and guidelines.
3. Government agencies: Government agencies responsible for enforcing child support payments may require the 2013-14 child support worksheet to determine and monitor child support obligations during that specific time period. This worksheet helps them calculate and establish appropriate child support agreements.

Overall, the 2013-14 child support worksheet is useful for individuals, legal professionals, mediators, and government agencies involved in calculating and establishing child support obligations during that particular time period. It provides a structured format for accurately determining child support amounts based on the income and parenting time of the parents involved.

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