WebFeb 8, 2024 · For higher earners, the income amounts are capped at a fixed sum, which is increased every two years in relation to the Consumer Price Index. Effective March 1, 2024, the income cap for child support calculations will be $163,000 (up from $154,000) and the income cap for maintenance will be $203,000 (up from $192,000). WebFeb 26, 2024 · Effective March 1, 2024, the income cap for child support calculations is $154,000 (previously $148,000), and the cap for maintenance calculations is $192,000 …
Basic Child Support in New York Articles Divorce …
WebOct 27, 2024 · The amount of assistance under the CSSA scheme is determined by the monthly income and recognised needs of a household. The difference between the total assessable monthly income of a household and its total monthly needs as recognised under the CSSA scheme in terms of various types of payment will be the amount of assistance … WebLow-income noncustodial parents in New York are protected by state laws. If the noncustodial parent’s income is less than the Federal Poverty Level ($12,140 in 2024). Therefore the child support order may be set at $25 per month with a $500 maximum on arrears. The child support order may be set at $50 per month if the noncustodial parent’s ... income statement debit and credit columns
Child Support in New York: Where Income is Greater than the Cap ...
WebUnder the above formula, the base for 2024 shall be the 1994 base of $60,600 multiplied by the ratio of the national average wage index for 2024 to that for 1992, or, if larger, the … Webdetermine the amount of child support for the amount of the combined parental income in excess of such dollar amount through consideration of the factors set forth in paragraph (f) of this subdivision and/or the child support percentage" . . . After completing this three step statutory formula, under the CSSA the trial court must then WebGovernment of New York income statement for accounting