Normally you and your employer will be asked for the items to verify income. These can include: most recent tax returns, check stubs, income from all sources including rental income and bonuses. You can always make some sort of statement about how the return may appear inflated due to your mother’s estate.
I would have to ask if the child support is currently paid through the state and by court order or if it’s paid directly to the ex and by agreement?
If you pay to the state then they more than likely will use the last years returns and as mal said you can make statements when this is being decided. I do not know if a tax return would show the bonus as separate income from your salary…
If you pay directly to your ex by agreement, then I suggest that you run the calculations using your current income without the bonus and estate money. You can agree to go over the guideline or agree to pay any specific amount based on your current arrangements.
Child support is calculated based on income from all sources. If the income you received from the investments was a one time thing it probably will not affect child support on an ongoing basis.
A bonus is not guaranteed income, but it is typically included in a child support calculation. If this is the first year you received a bonus and you can prove it is unlikely that this would happen again, it probably won’t impact child support.
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Helena M. Nevicosi
Attorney with Rosen Law Firm
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I have been divorced for several years now, but my ex wants to recalculate child support. Which I am for, but I have a question.
How do I calculate my income?
If I use last years taxes, it will show substantial investment income from my mothers estate and as well as a one time bonus from work. My mother was invested in income funds, and I have reallocated that money to growth funds so there will be little if any income going forward and another bonus in unlikely at best. Can I use only my gross pay from my job and leave off the one time investment / bonus income? While married, my ex and I always kept all money separate, and have a “working” divorce, just incorrect child support $$. I don’t want the new calculation to get ruin what has just started working.
thank you for responding…