Income Definition For Child Support

You must claim any gambling winnings as income and gambling losses are deducted from income.

Income definition for child support. Child support guidelines follow this as well. This formula is called the child support guidelines unless the court makes a finding that application of the. The first step in determining a parent s child support obligation under the child support guidelines is to determine each parent s gross income. The two incomes go into a formula which reflects the percentage of combined net income that parents living in the same household in this state ordinarily spend on their child 750 ilcs 5 505 a 1.

Determining a parent s child support obligation under guidelines. When considering child support the courts view inheritances and the income earned in the same manner. Federal social security income ssi benefits are not considered income under child support guidelines. Child support in illinois is determined by the two parents incomes.