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In 2001, the third California Child Support Guideline Review was outsourced to Policy Studies Inc. (PSI) of Denver, CO. Since 1991 PSI has been providing "full service" private child support services, [10] and is currently the leading provider of child support services, operating 13 full-service offices throughout the nation (locating non ...
Income shares. An income shares formula is used by many states to establish the child support amount of each child rather than what it actually costs to raise a child. According to the National Conference of State Legislatures, In income share model, both parents responsible for the children for contributing financially to the children.
Child support in the United States. In the United States, child support is the ongoing obligation for a periodic payment made directly or indirectly by an "obligor" (or paying parent or payer) to an "obligee" (or receiving party or recipient) for the financial care and support of children of a relationship or a (possibly terminated) marriage.
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The short answer is no. If your ex-husband or ex-wife pays child support to you, don’t include those amounts as taxable income on your tax return. Child support doesn’t count as income, so you ...
Experts estimate that it costs upward of $233,610 to bring up a child from birth through age 17 — and that doesn’t include higher education. If you need some extra help, there are various ...