https://stayclose.social/LeilaniF9631266/ Latest updates from Leilani Matthaei https://stayclose.social/blog/124055/child-support-and-self-employed-parents-in-raleigh/ does equal parenting time reduce child support person gets is based on how much the person has earned in the pas If your income varies significantly from month to month, which is common for self-employed individuals, Maryland courts may average your income over a period of time to determine a reasonable monthly amount for child suppor The court will consider several factors from the Michigan Child Support Formula Manual to determine which parent should provide coverage. The court will order one of the parents to provide health care coverage for the child. Amounts for childcare are based on actual costs when the parties have an established child care pattern and can verify they have actual, predictable, and reasonable child care expense Note that ordinary and necessary business expenses do not include amounts allowable by the Internal Revenue Service (IRS) does equal parenting time reduce child support for the accelerated component of depreciation expenses, investment tax credits, or any other business expenses determined to be inappropriate for evaluating gross income. North Carolina has specific guidelines in place addressing how self-employed individuals should calculate their gross income for the purposes of child support, and an experienced attorney can better help you gather the appropriate financial documents to do this. The court may request your tax returns, profit and loss statements, and other documentation to verify your income. An average helps avoid the fluctuations that could occur if a single month of high earnings or low earnings were used to calculate the amount. For self-employed individuals, this could include benefits such as company cars, health insurance, cell phone or other perks that have a value but are not paid in cash. Maryland law recognizes that self-employed individuals may have significant business-related deductions, but these must be legitimate and directly tied to the operation of the busines]]> https://stayclose.social/blog/124055/child-support-and-self-employed-parents-in-raleigh/ Mon, 27 Apr 2026 06:50:23 +0000 Leilani Matthaei https://stayclose.social/LeilaniF9631266/ https://stayclose.social/LeilaniF9631266/ Mon, 27 Apr 2026 06:49:01 +0000 Leilani Matthaei