– Child support is based on the Florida Child Support Guidelines in Section 61.30 of the Florida Statutes.
– The primary factor used to calculate child support is the net income of both parents.
– Other factors include the number of children involved, health insurance expenses for the children, and the time-sharing schedule.
– Each parent must complete and file a financial affidavit with the court to calculate their monthly net income.
– Gross income is used to determine each parent’s net income. – Florida’s child support statute defines gross income broadly, including salary, bonuses, business income, disability benefits, and more.
– Allowable deductions from gross income include taxes, union dues, retirement payments, and health insurance payments.
– The combined net income of both parents is used to determine the child support amount, following the Florida Child Support Guidelines. Each parent’s percentage share of the obligation is determined by dividing their net monthly income by the total combined net monthly income. 1. The child support amount depends on the number of overnights each parent spends with the child.
2. The more overnights one parent spends with the child, the less the amount of their child support obligation.
3. Child support orders also factor in the cost of health insurance and other medical expenses for the child.
4. After the health insurance cost is added to the basic child support obligation, any amount prepaid by a parent for health-related costs for the child are deducted from that parent’s child support obligation.
5. A court may order that payment of noncovered medical, dental, and prescription expenses of the child be made by the parents on a percentage basis determined by each parent’s percentage share of the combined net income of the parents.
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