When calculating child support and alimony, what does the Court consider as my income?

During a divorce, the court considers the following as “income.”

Fletcher and Phillips Jacksonville Divorce, Child Custody, Alimony and Modification Attorneys

The attorneys at Fletcher & Phillips Jacksonville office can help you determine income for your divorce!

Florida Statute 61.046(8) defines “Income” as any form of payment to an individual, regardless of source, including, but not limited to: wages, salary, commissions and bonuses, compensation as an independent contractor, worker’s compensation, disability benefits, annuity and retirement benefits, pensions, dividends, interest, royalties, trusts, and any other payments, made by any person, private entity, federal or state government, or any unit of local government. United States Department of Veterans Affairs disability benefits and re-employment assistance or unemployment compensation, as defined in chapter 443, are excluded from this definition of income except for purposes of establishing an amount of support.

Florida Statute 61.08(2) “Income” can include the financial resources of each party, including the nonmarital and the marital assets and liabilities distributed to each

Florida Statute 61.30 (2) “Income” shall be determined on a monthly basis for each parent as follows:

(a) Gross income shall include, but is not limited to, the following:

1. Salary or wages.
2. Bonuses, commissions, allowances, overtime, tips, and other similar
3. Business income from sources such as self-employment, partnership, close
corporations, and independent contracts. “Business income” means gross receipts minus ordinary and necessary expenses required to produce income. 4. Disability benefits.
5. All workers’ compensation benefits and settlements.
6. Re-employment assistance or unemployment compensation.
7. Pension, retirement, or annuity payments.
8. Social security benefits.
9. Spousal support received from a previous marriage or court ordered in the
marriage before the court. 10. Interest and dividends.
11. Rental income, which is gross receipts minus ordinary and necessary
expenses required to produce the income. 12. Income from royalties, trusts, or estates.
13. Reimbursed expenses or in kind payments to the extent that they reduce
living expenses.
14. Gains derived from dealings in property, unless the gain is nonrecurring.

When calculating child support, you do not count as income child support a party receives for a child from a different relationship.

If you would like the assistance of a Jacksonville Divorce Attorney, please do not hesitate to contact us! Call 904.353.7733 or Click Here. Child support and alimony cases require detailed analysis and your attorney can help!

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