When parents split up, the process can quickly get very complicated. Parents only want the best for their children, so things like child support and custody arrangements are usually high on the list of priorities. Each state has differing guidelines regarding which parent pays child support and the amount to be paid. There's never a one-size-fits-all situation so, when appropriate, courts in Arizona are allowed deviate from these guidelines. Here are a few things to consider when going through this experience.
To calculate child support, courts take into account the number of children, each parent's income as well as how much time each parent spends with the children. However, circumstances may change a few months or years down the road. It is important to keep in mind that child support can be modified, and parents are allowed to return to court if child support needs to be amended.
Anytime money changes hands, tax implications also need to be taken into consideration. It is important to know that, due to the Tax Cuts and Jobs Act of 2017, the parent who receives child support is not taxed on support collected. Also, the parent who pays child support cannot deduct the payments from his or her taxes.
Without a doubt, child support can be a sensitive issue when parents decide to split. However, when both parents put the needs of their children first, many issues can be amicably resolved. The laws surrounding child support can be confusing. Parents in Arizona who have questions regarding child support laws should consider discussions with an experienced family law attorney.