Understanding Oklahoma’s Child Support Calculation Process Simplified
Do you know how child support is calculated in Oklahoma? Hi, my name is Aaron Grubb, and I’m the Tahlequah attorney for Wirth Law Group. In this article, we’re going to go through the basic calculation for child support.
First off, you’re going to want to take both parents’ gross income and combine them. This aggregation is essential for determining the financial responsibilities each parent will bear.
The Steps to Calculate Child Support
Second, you’ll want to reference Section 119 on Title 43 of the Oklahoma Statutes. This section contains the child support schedule, which outlines the average or baseline child support each child deserves.
Next, you need to calculate the individual parent’s percentage of the combined income. To do this, take one parent’s income and divide it by the total combined income of both parents. This percentage serves as a foundation for further calculations.
Then, multiply that percentage by the number you find on the Section 119 schedule for child support. Afterward, you’ll need to make a credit for health insurance and adjust the baseline child support accordingly.
Incorporating Health Insurance and Child Care Expenses
To adjust for health insurance, find the actual monthly cost and multiply it by the parent’s percentage of the parental income calculated earlier. If that parent is already paying for health insurance, they will receive a credit to their child support payment. Conversely, if they are not paying for it, that amount will be added to their child support obligation.
Finally, don’t forget to consider childcare expenses. Average these costs over 12 months and multiply that by the parent’s percentage of parental income.
By adding this to the overall child support payment, you’ll ensure a more accurate calculation. If you have questions about child support payments or any other legal issues, my name is Aaron Grubb.
Get a Low-Cost Initial Strategy Session
You can reach me at tahlequahattorney.com, or contact (918) 458-2677 for a low-cost initial strategy session. Don’t hesitate to take the first step toward understanding your child support obligations today!
