What is considered “income” in Arizona Child Support
Every parent’s situation is different, so what one person pays for child support isn’t necessarily appropriate for another. That’s why the state of Arizona bases child support payments on individual income. Our Scottsdale child support lawyers at Fruchtman Law Firm are here to help you navigate this often-confusing system and know what to expect.
What is considered “income” in Arizona Child Support?
Child support guidelines in Arizona look at gross income. Because both parties involved in divorce and/or child support proceedings may disagree on what counts as someone’s personal wealth or income, the state has set rules for this. As a baseline, traditional income from a job (either self-employed or traditionally employed) counts. However, it’s important to know that earnings from investments (i.e., stock accounts) also count as income, and child support payments will be calculated with this in consideration.
What is not considered income?
Arizona law states that the income that qualifies for taxes does not always count towards child support considerations. However, what counts and what doesn’t count may be considered on a case-by-case basis. For example, one-off sales of land or other forms of property may not count, but in some situations, they may be deemed regular income. Therefore, it is crucial to have an experienced Scottsdale AZ child support attorney on your side. Without the right team working for you, it’s very possible that you will end up owing more than what’s fair.
How your attorney can help you determine our child support The Scottsdale family lawyer you choose can make all the difference when it comes to how much child support you will owe. At Fruchtman Law Firm, we specialize in family law for both men and women, and we are proud to fight for the fair and equal treatment of all our clients. Not sure what qualifies as your personal income or want to know how long you’ll be expected to pay? Child support can be a challenging subject to tackle in court, but we’re here to provide clarity and make things go as smoothly as possible.
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Scottsdale, AZ 85260