In Virginia, the income of a spouse of a noncustodial parent can be relevant in determining child support obligations. While the primary focus is on the noncustodial parent's income, the court may consider the spouse's income if it affects the noncustodial parent's ability to pay support. However, the spouse's income is not directly considered for calculating child support amounts; rather, it may be factored into the overall financial picture. Ultimately, the court has discretion in how much weight to give this income.
If they are on SSI, than that's federal law. see link
The person might be able to obtain an interrogatory for discovery of income from the family court, but that is not likely. The income the custodial parent makes is not relevant in accessing the amount of child support That is based on the income and assets of the person who has been ordered to pay the support. I'm thinking you have to make a motion in court to request income records. The income of both parents must be known to determine the amount the noncustodial parent has to pay, since it's usually based on the ratio of the noncustodial parent's income to the total of both parents' incomes. As has been noted, child support is based upon the income and assets of the biological parent who has been ordered to pay the support. The income of the custodial parent is not relevant, as the monies are for the support of the children. One issue pertaining to the financial support of the child/children is how it relates to dependant deductions pertaining to the tax codes. Actually both incomes are used to determine the amount of child support. It is done by percentages. Both parents are responsible for paying for their children. If the father makes more than the mother he will be responsible for the higher percentage on the amounts spent on the necessities of the child. I've worked in the legal field for almost 30 years. There are some differences in the laws among the states, but they basically follow the Uniform Child Support Laws. My daughters lived the majority of the year with my ex. My income was much less. I did not have to pay child support. My ex had to pay me support when the girls lived with me during the summer months.
Yes and it is possible for some of the retirement income to be taxable income in Virginia.
In general, child support is based on a percentage of net income. Being a student doesn't exempt one from paying support, altho lack of income might.
Relevant to what? Depreciation is an accounting contrivance to diminish taxable income.
Yes.
Generally not. Of course, there are multiple exceptions. If the noncustodial parent begins earning significantly more income, then child support usually will increase. Most states have a "plug-in" type formula which computes child support (and one of the prime factors includes the income of the noncustodial parent). In some states the guidelines call for an increase since it gets more expensive to raise a child as they get older. Massachusetts is one such state. You should visit your local family court and ask for a copy of the child support guidelines in your state of perform an online search for a downloadable copy.
The symbol for Nuveen Virginia Premium Income Municipal Fund in the NYSE is: NPV.
no see links
Virginia's tax rates range from 2 percent to 5.75 percent and are assessed over four income tax brackets.
Nuveen Virginia Premium Income Municipal Fund (NPV)had its IPO in 1993.
If you are a resident of Virginia, yes. If you have income earned in Virginia, probably, but check the rules carefully.