New York child support guidelines for a self employed parent are calculated using all income sources including wages, rental income, interest income, self employment earnings and royalties.
Child support and divorce for the self-employed in general can be complicated since in many cases it’s difficult to determine the entrepreneur’s actual income. Many business owners don’t take a regular paycheck, or their pay varies on how well the business is doing.
The New York Child Support Standards Act (CSSA) considers many factors when determining child support obligation based on income, number of children and city where the paying parent lives.
At your first appointment with your lawyer, ask the following questions;
- How does self-employment affect child support?
- Can my 1099 be garnished for child support?
- Are child support payments based on gross or net income?
- Can a business account be levied for child support?
If you’re a sole proprietor, joint owner, partner or corporation, the The Law Offices of Joseph H. Nivin will explain the important steps you need to take to calculate child support for self employed. Read more Child Support or Contact Us.