Child Support Calculations -

Child Support is covered in Chapter 154 of the Texas Family Code

If provided annual gross income, Take annual gross income then subtract any deductions to figure out the annual net income Divide the annual net income to get a monthly net income Multiply the monthly net income by the appropriate percentage based on the number of children to calculate the monthly child support obligation. o If provided monthly gross income, Take monthly gross income then subtract any deductions to figure out the net income Multiply the monthly net income by the appropriate percentage based on the number of children to calculate the monthly child support obligation.

Calculate the monthly child support obligation for the following:

1)FINANCIAL DETAILS: NUMBER OF CHILDREN: 3

$51,000 (Annual Salary

$7,000 (Annual Bonus)

$3,000 (Annual Social Security Taxes)

$8,000 (Annual Federal Income Tax Withholding)

$3,000 (Annual Health Insurance Premiums)

Monthly Net Resource: $_____________

Child Support Percentage: ____________

Monthly Child Support Obligation: $_____________

2)FINANCIAL DETAILS: NUMBER OF CHILDREN: 1

$100,000 (Annual Salary)

$3,000 (Annual Social Security Taxes)

$9,700 (Annual Federal Income Tax Withholding)

$5,000 (Annual Health Insurance Premiums)

Please note that obligor has 1 other child that he has an obligation to support that is not a part of this case

Monthly Net Resource: $_____________

Child Support Percentage: ____________

Monthly Child Support Obligation: $________________

Child Support Calculations -

3)FINANCIAL DETAILS: NUMBER OF CHILDREN: 2

$1,000 (Monthly Disability Income)

$1,400 (Monthly Retirement Income)

$1,200 (Health Insurance Premiums - annual)

Monthly Net Resource: $_____________

Child Support Percentage: ____________

Monthly Child Support Obligation: $_____________

4)FINANCIAL DETAILS: NUMBER OF CHILDREN: 2

$21,000 (Annual Salary)

$7,000 (Annual Overtime Pay)

$3,000 (Annual net rental income)

$2,000 (Annual Social Security Taxes)

$3,500 (Annual Federal Income Tax Withholding)

$1,200 (Annual Health Insurance Premiums)

Monthly Net Resource: $_____________

Child Support Percentage: ____________

Monthly Child Support Obligation: $________________

5)FINANCIAL DETAILS: NUMBER OF CHILDREN: 5

$13,000 (Monthly Salary) $700 (Monthly Social Security Taxes)

$2,500 (Monthly Federal Income Tax Withholding)

$6,000 (Annual Health Insurance Premiums )

$1,200 (Annual Union Dues)

Monthly Net Resource: $_____________

Child Support Percentage: ____________

Monthly Child Support Obligation: $________________

Questions:

the task of calculating

1) monthly resources;

2)child support percentages; and

3) monthly child support.

I will need to provide these calculations for FIVE clients.