Albany Child Support Lawyer Discusses Taxes and Child Support
In Albany, I am often asked as Albany Child Support Lawyer if child support is taxable. In New York, Child Support is calculated on full income, social security taxes, and income taxes. Income taxes are not deducted before Child Support is calculated. As an experienced Albany Child Support Lawyer I advise clients that support is not deductible from the income of the party that is paying Child Support. It is a tax-free stream of income for the custodial parent.
If you are paying child support and are concerned about taxes, contact our experienced Albany Child Support Lawyers.