What happens when your disabled child turns 18?
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What happens when your disabled child turns 18?
Once a child reaches age 18, she qualifies for SSI based on her own income and assets. In order to receive benefits, the child must meet the government’s disability standard, have less than $2,000 in assets and receive minimal income. If the SSI benefit reaches zero because of this reduction, SSI coverage ends.
How are child support payments calculated in California?
In California, child support is based on a complex calculation that takes into consideration the parents’ incomes, how much time each parent spends with the child, and any tax deductions that are available to either parent.
How much is alimony and child support in California?
The guideline states that the paying spouse’s support be presumptively 40% of his or her net monthly income, reduced by one-half of the receiving spouse’s net monthly income. If child support is an issue, spousal support is calculated after child support is calculated.
Is child support taxable income in California?
While child support is not tax deductible, California law allows court-ordered child support to be deducted from net disposable income. A judge can also consider voluntary child support paid, so long as it does not exceed guideline child support.
