How Is Spousal Maintenance Calculated In Illinois? The basic formula for calculating alimony in Illinois is 33% of the payer’s net income minus 25% of the payee’s net income. The amount of spousal support must not result in one party earning over 40% of the combined income of both parties. How do you calculate spousal
How Is Child Maintenance Calculated In England? If a paying parent has to pay child maintenance for one child, they must pay 12 percent of their gross weekly income. If a paying parent has to pay child maintenance for two children, they must pay 16 percent of their gross weekly income. How much is child
How The New Tax Laws Affect Maintenance Wisconsin? Effective with divorces entered on or after January 1, 2019, under the TCJA alimony/maintenance will no longer be tax deductible and will no longer be income subject to taxation. Individuals wishing to make maintenance/alimony tax deductible must complete the divorce in 2018. Is spousal maintenance taxable in