What is the name of your state (only U.S. law)?
north carolina(dad) and texas(2 kids)
I make between $30K-35K per year(NC). Kids mom makes circa $40-45K. My child support for many years, for the two(TX), has been $320/mo. Just recently, my wife and I had a baby boy. The twins are 13. Im about to start work overseas with US contractor paying $160K/year. The IRS says the first $90-91K is tax free, and then the rest is taxed for fed/state. The TX state has already done an automatic "check-up", on mom and dad. nothing changed. next automatic "check-up", is in 2-3yrs.
1-Whenever the child support changes with my new income of $160K, and the moms income at 45K, can someone help me figure out the total cost of child care for the combined incomes, and of course my share for child support?
2-After my contract is up, and i'm making a lower income again, is it as simple as me filing with TX, to "redo" the numbers, since there would be a drastic change of circumstances/income?
3.-When does my child support end with TX? after high school graduation, or age 18, or after college.
thnx evryone and ALL parents!
north carolina(dad) and texas(2 kids)
I make between $30K-35K per year(NC). Kids mom makes circa $40-45K. My child support for many years, for the two(TX), has been $320/mo. Just recently, my wife and I had a baby boy. The twins are 13. Im about to start work overseas with US contractor paying $160K/year. The IRS says the first $90-91K is tax free, and then the rest is taxed for fed/state. The TX state has already done an automatic "check-up", on mom and dad. nothing changed. next automatic "check-up", is in 2-3yrs.
1-Whenever the child support changes with my new income of $160K, and the moms income at 45K, can someone help me figure out the total cost of child care for the combined incomes, and of course my share for child support?
2-After my contract is up, and i'm making a lower income again, is it as simple as me filing with TX, to "redo" the numbers, since there would be a drastic change of circumstances/income?
3.-When does my child support end with TX? after high school graduation, or age 18, or after college.
thnx evryone and ALL parents!