Mandatory Retirement Payment Child Support Worksheet

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David and Angela are getting a divorce. They have come to an agreement as to their timesharing and child support. Both agree to use their state’s guideline child support, which uses the parties’ net income. Both parties agree that the mother will have 195 overnights each year, and the Father will have 170 overnights each year with their child, Phillip, who is three years old.

David makes $1,923 bi-weekly. His wife, Angela, makes $962 weekly. David works for the railroad and is exempt from receiving Social Security; therefore, his pay stub reflects zero for the Federal Insurance Contributions Act (FICA) deduction. Angela works as a bank manager and the deduction for FICA is 15.3% of her income. Both David and Angela have 1.45% deducted from their income for Medicare. Both parties have 8.74% withheld from their pay for federal income tax. David mandatorily contributes $200 bi-weekly to a retirement fund to take the place of FICA. Angela contributes 4% of her gross income to her retirement fund, but it is not mandatory.

David will pay for his and Phillip’s health/dental/vision insurance through David’s employer. David’s portion is $57 bi-weekly. The portion for Phillip is $106. Angela will pay for her own insurance at $33 per week.

David will pay Phillip’s daycare costs when he is exercising his time with Phillip. David will pay the daycare provider $100 per week. Angela will use her mother to watch Phillip when she is exercising her time with Phillip. Angela’s mother will watch Phillip at no charge.

Phillip has asthma and both David and Angela share the deductible and any uncovered health care expenses for Phillips treatments and medication, which amounts to approximately $500 per year. David has a prior support obligation for a child from another relationship where he pays $50 per week. An income deduction order permits his employer to garnish his wages from his bi-weekly paycheck.

Using the fact pattern and the below information, calculate child support owed by both parties for the benefit of the children. Show how you calculated net income for each parent. Download and complete the worksheet to calculate child support.

worksheet

Tips: When calculating gross monthly income, calculate weekly pay by 52 and divide by 12, calculate bi-weekly pay by 26 and divide by 12. Round your figures, to the nearest ones (i.e., $388.49 becomes $388; $388.50 becomes $389).