0
What should you do if you want to stay home with your child but need to work because you have a car payment and insurance?
Wiki User
∙ 16y ago
This is a dilemma many Moms face. First, seriously consider if you really need that car. Could you get by without it? If so, sell the car and you won't need to make payments or pay insurance. If you really need the car, you'll have to find a way to earn $500 per month, plus childcare. Taxes on only $6,000 per year should be fairly low. Many women in this situation provide child care for one or two children, the same age as their own, in their home. You'll be home with your daughter all day, and helping out other Moms, too. In most states, you don't need a day care license to care for one or two kids. Other Moms work 16 to 24 hours per week to earn the cash they need. Check your paper or an online job board under part-time jobs, and you'll find everything from bookkeeper to restaurants to receptionist. If you're able to work a shift when a family member can care for your daughter, you won't have childcare expenses. Some people pick up extra cash by selling items on eBay. Your local library will have several books about it. Specialize in one category, and be consistant about your efforts. Avoid work at home scams. If you have specialized skills like computer programming, or are a freelance writer, you may be able to work from home. But, most other work from home plans are rip-offs.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
What does payment plan 2912 mean on child support order?
It refers to Health Insurance premiums.
When your child turns 18 do you continue their life insurance policy?
If your question supposes that you purchased life insurance for the child before he/she reached 18, you are free to continue it or not. It may well be a good idea to continue it because a medical condition may develop later in life that makes it hard or impossible for the child to later get life insurance. Naturally, you can reach an agreement with the child that he/she take over the payment of the premiums.
Can child support be deducted from social security disability insurance?
Only arrears. Child Support payments should be adjusted to match what amount already being paid the residential parent by SSD, which is not deducted from the main payment.
If a father has medical insurance can he add the child so he can lower his support payments?
Yes, but he should get the order modified to reflect this. But, this depends on state laws. In Missouri, he's required to carry the insurance, on top of his payment, so it would not affect it.
How long should you carry insurance to protect your children?
You should carry insurance on your children until they are old enough to get insurance on their own. This is usually when your child graduates college. As long as your child is a full-time student and one of your dependents, then you should be able to carry insurance on them.
What should you do if the noncustodial parent is not providing health insurance in Texas?
The noncustodial parent is only responsible for any child support payment. It is the responsibility of the custodial parent to organise the child's life, including any necessary insurance cover. Basically, you didn't want them having any say in the child's life, so you cannot expect them to simply do everything for nothing.
Why is it considered a bad idea to get life insurance for a child?
It is considered a bad idea for a child to get life insurance because insurance policies are paid continuously. Compared to a child, whose life expectancy is longer, adults will get more from life insurance policies because they are more like to die soon.
Lost a child due to an accident life insurance paid out 25000 and IRS taxed your 10 why?
I am sorry for your loss. It would seem the IRS made a mistake as this shouldn't be taxable.....however, if they (actually the Insurance Co) "withheld" that from payment, likely because of a missing form or such....then it is actually at the IRS in an account...that when reflected on your return...(both the income as exempt and the credit for the payment withheld), should see your money refunded. But contact the IRS - by phone - and get an exact excplanation. Do not accept that it is taxable.
How can you get your teenage child removed from your auto policy if they are not driving any automobiles?
Usually, an insurance carrier would refuse to remove a teenage driver if they are a resident of your household. Because they are minors and have access to your car keys, there is an "implied" permission. The insurance carrier is at risk of paying in behalf of the minor. Therefore, they are enttiled to auto insurance premium payment.
I am 4 months pregnant an i haven't been to the doctor because i dont have insurance what should i do?
go to your local social security office and file for medicare or in some places medicad this is insuravce that will help you and your child and if you qualify your child will remain under the insurance for several years.
Is payment for medical insurance included in child support or is it separate?
That's dependent on the state guidelines. Most states share the cost between the parents.
Will insurance allow you to put your independent child's vehicle on your policy?
Insurance should. I would check with your information to see if your company can.
