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In the United States, child support is the ongoing obligation for a periodic payment made directly or indirectly by an "obligor" (or paying parent or payer) to an "obligee" (or receiving party or recipient) for the financial care and support of children of a relationship or a (possibly terminated) marriage.
Child support: Child support payments are not subject to taxation. They do not need to be included on your federal tax return. How to Report Alimony on Your Taxes.
The court also decides whether child support is to be paid directly to the receiving parent, or via the responsible SDU. [2] The main tasks of a SDU are: collecting payments from the parent required to pay support - usually either by direct payment or by directing the parent's employer to withhold the payments from their wages [3]
Child support is the obligation on parents to provide financial support for their children. OCSS was established with the Federal Government’s enactment of Child Support Enforcement and Paternity Establishment Program (CSE) in 1975, which was enacted to reduce welfare expenses by collecting child support from non-custodial parents.
A late payment on a credit card or loan may feel like a small mistake, but it can have lasting effects on your finances. Missed payments can lead to late fees and higher interest rates .
Here are 12 of the most expensive celebrity child support payments: More on AOL.com: The Trump children reportedly wanted to 'bump' one sibling off of their inheritance
The court may award child support as far as three years back before the case was started. The amount of child support depends on the particular custody arrangement, parents’ net income and whether they have other support obligations. A failure to pay child support in line with final judgement is a crime punishable by up to three years in ...
Critics of child support argue that, as a result, the support payments do not need to be used to support the child and can be regarded as a punishment to the parent who is paying child support. A response to that criticism is that if a parent is caring for the children, that parent will incur costs in providing that support, even if they have ...
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