Tag Archives: net income
Calculating Your Income for Child Support Purposes
When you are the parent who is responsible for making child support payments, the existing Illinois system for calculating your obligation is based on your net income. According to the Illinois Marriage and Dissolution of Marriage Act (IMDMA), you will be expected to pay a certain percentage of your income depending on how many children are being supported, beginning with 20 percent for one child upContinue reading
Understanding Your Child Support Responsibilities
If you are in in the process of getting divorced or separating from your child’s other parent, you probably realize that an order for child support is probably forthcoming. It is especially likely if the other parent has been granted primary residential custody. While, under Illinois law, both parents can potentially ordered to pay support, the vast majority of cases see the non-custodial parent paying support toContinue reading