Taxes and other deductions from income

• Author: Nicholas L. Bourdeau
• Pages: 267-274

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Chapter 17

Taxes and Other Deductions From Income

TABLE OF CONTENTS

§17:00 GENERAL

§17:10 FEDERAL TAXES

§17:20 STATE TAXES

§17:30 MEDICARE TAXES

§17:40 SOCIAL SECURITY TAXES (FICA)

§17:50 FILING STATUS

§17:60 EXEMPTIONS / CHILD TAX CREDIT

§17:70 BUSINESS MILEAGE RATE

§17:80 ITEMIZED DEDUCTIONS

§17:90 ALIMONY

§17:100 TAX WITHHOLDING

§17:110 RETIREMENT CONTRIBUTIONS

§17:120 MATHEMATICAL ACCURACY OF TAX RETURNS

FORMS

§17:00 GENERAL

The deductions that are allowed to be taken

against income available for child support are

jurisdiction specific and vary widely between

jurisdictions. For example, some jurisdictions

allow no deductions from the income of a par-

ent and determine support as a percentage of the

parent’s gross income. Other jurisdictions allow

numerous deductions from revenue before a per-

centage is applied. These deductions may include

taxes, children’s health insurance, retirement con-

tributions, allowances for other children supported

by a parent and employment expenses.

While the deductions allowed vary consider-

ably between jurisdictions, there appears to be a

common thread in those jurisdictions that allow

deductions. The deductions that are allowed have

to be mandatory deductions. That is, the parent

normally has to incur the expense to keep his or

her job, as a condition of employment, or to fulfill

an order made by a court. Of all of the deductions

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