Illinois child support is calculated using gross income less taxes which equals the net income that determines child support.
Is child support based off gross or net income?
CHILD SUPPORT BASED ON GROSS INCOME CSA advises parties that this is what the children would be entitled to if the two parents were still together. But they would only be entitled to a net amount if the two parents were still together.
What is the new law for child support in Illinois?
Under present law, child support is based on the net income of the child support payer. It is 20% for one child, 28% for two, 32% for three, and 40% for four. Net income is defined in 750 ILCS 5/505 as gross income minus certain specified deductions.
Is there a cap on child support in Illinois?
If the paying parent’s income is at or below 75% of the Federal Poverty Guidelines (for a one-person family), the court will order a $40/month child support obligation per child. The total monthly obligation for such a paying parent is capped at $120.
What is average child support in Illinois?
Total Support Obligation The state of Illinois says the basic child support for one child is $1,215 per month. Multiply this number by the number of children to get the basic support obligation.
How is net income calculated for child support in Illinois?
Calculating Net Income for Child Support. To calculate child support in Illinois, you’ll need to add up the non-custodial parent’s available “net income.” This includes all income, whether earned or unearned, minus any applicable deductions and adjustments listed in the guidelines.
What’s the new child support law in Illinois?
The reformed Illinois law now favors a shared incomes model in which both parents’ net income is considered in the formula. This approach was intended to make child support determinations more equitable or fair rather than only looking at one parent’s income and responsibility.
How is basic support obligation calculated in Illinois?
Basic support obligation is a term used to show how much money parents normally spend on their children. The amount of money takes into consideration the income of the parents. The income shares schedule sets out this amount. Look for the parents’ combined adjusted net income on the schedule to find the basic support obligation.
How is child support calculated for other children?
For other children in the household (e.g., child support, survivor benefits, or foster care payments) First, the gross income of each parent is converted to net income using this standardized income conversion chart. Second, the two net incomes are added together to find the parents’ combined adjusted net income.
