When figuring child support, I am asked to provide my income tax return.
Does the amount of income tax exemptions have an effect on the child support calculation?
The main factors determining the child support obligation are the parties’ respective income amounts, the cost of child care and health insurance for the child, the parenting time arrangement with the child, the special needs of the child, and whether there is child support being paid for prior born children of a previous relationship.
There are also many other minor possible factors, as every case is different.
With that said, the calculation of the parties’ monthly incomes may take tax deductions and exemptions into consideration, so it is probable that your exemptions will affect your monthly child support determination.
Janet Yu Johnston is an Associate Attorney in the Louisville, Kentucky office of Cordell & Cordell, where she practices domestic relations exclusively. Ms. Johnston is licensed to practice law in the states of Indiana and Kentucky. Ms. Johnston received her Bachelor of Arts in both English and Foreign Lanugage/International Studies from Bellarmine University in Louisville, Kentucky. She later received her Juris Doctor from University of Louisville, Brandeis School of Law.