Effective January 31, 2012, the cap on "combined parental income" established by DRL 240 (1-b)(2) (as set forth in Social Services Law 111-I (2)(b)), and which is contained in the Child Support Standards Act, has been increased from $130,000 to 136,000. In addition, every two years thereafter, "combined parental income shall increase by the product of the average annual percentage changes in the consumer price index for all urban consumers (CPI-U) as published in the United States Department of Labor bureau statistics…" (see http:// www.bls.gov). As such, the child support percentages (i.e. 17% for 1 child, 25% for 2 children, 29% for 3 children, 31% for 4 children and 35% for 5 or more children) shall be multiplied by combined income up to $136,000, less appropriate deductions for FICA, Medicare and other statutory deductions. Payment of child support on income greater than "combined parental income" over $136,000 may be assessed in the Court's discretion.
If you are facing a child support matter or any other divorce case and would like to discuss your case with an experienced Nassau County divorce lawyer, you should contact our firm and schedule a consultation to discuss your legal situation.