Why is net income higher than gross income?
Net income can be higher than gross income if various credits, including especially the Earned Income Credit, are more than the tax otherwise payable. This is a very frequent occurrence with lower income taxpayers who have children. In Florida, we have provided an option to have the software ignore those credits for the purposes of […]
Florida step-downs
This note will address questions people ask about Florida step-downs: Setting the dates To set the dates, begin by clicking the “Complete” link at the top of the screen, as shown below. Scroll down to the section labeled “Child Support to Use in the Budget Report, What If screens and cash flow projections,” as shown […]
In the Step-Down, Why is Child Support Higher?
Occasionally it happens that child support after a step-down (that is, with one fewer child) is actually higher than originally. The reason for this odd result is that the child support amount is the difference between the parties’ obligations, not the absolute amount. The combined obligation does go down when the stepdown occurs, but the […]
How can I enter footnotes on Form 902b?
Because Form 902b is so compressed, the regular footnotes do not print with that form. In order to enter footnotes on Form 902b, preview the 902b form, and click the [note] link on the line you want to footnote.
Why does child support go up when I increase non-custodial overnights?
When you increase the noncustodial parent’s overnights, you would expect child support to go down. But in Florida, the reverse can happen: child support can go up with an increase in non-custodial overnights.. Here’s why: When you switch to substantial shared custody at 73 overnights per year, the child support base goes up by 50%. […]
How can I change the name of the FL-902c to “Amended” or “Interim” Family Law Financial Affidavit?
On the Print Affidavit screen, click the link labeled “Modify Form Title.”
How do I select Form 902b?
Click Print Affidavit, and click the link labeled “Change Form Used (902b vs 902c).” Please note that we are not able to provide footnotes for the 902b form, as it is too compressed. If you want to enter footnotes on Form 902b, select that form, click click the link to preview it, then click the […]