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NPO: Texas Increases Maximum Child Support Allowed
Submitted by Matt on Wed, 2013-08-14 16:25
Article here. Excerpt:
'Recently, the Texas legislature amended the Texas Family Code section 154.215 to increase the monthly “cap” on net income used to calculate child support. This change means that, after September 1, 2013, more net resources will be applied to calculate child support, which can increase the monthly amount paid or received.
Texas calculates child support by using an obligor’s “net resources.” This number is found by taking a parent’s gross income and deducting for federal taxes, social security, Medicare, health insurance costs for the child(ren), union dues, and state income tax, if applicable. A percentage is then applied to the net resources.'
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