Section 2 of the Federal Child Support Guidelines – Determining Income
In determining child support under the guildelines, “any amount is determined on the basis of specified information, the most current information is used”. As a result, the payor of child support, will have to provide his more recent income tax returns. If he is employed, he will be required to provide his recent pay stubs.
If the payor is self-employed, the determination of his income for support purposes is more complicated. The self-employed individual usually does not have pay stubs and will likely write off personal expenses from his business. As a result, when acting for a payor of support who is self-employed, it may be necessary to retain an expert who can review the payor’s documentation and determine his income for support purposes.
It is always important to have an experienced family lawyer review the payor’s income documentation to determine if he/she is paying the correct quantum of support. At Fine & Associates, our Toronto divorce lawyers welcome your inquiries about child support or any other family or divorce law issue.