There are two children ages 10 and 6. Father earns $25 per hour and works 40 hours
Question:
There are two children ages 10 and 6. Father earns $25 per hour and works 40 hours per week. Mother earns $10 per hour and works 20 hours per week so that she can be available when the children come home from school. The children spend equal time with each parent. Each parent is entitled to a one-week uninterrupted vacation each year. Father pays for health insurance at a cost of $400 per month and dental insurance at a cost of $150 per month for the two children alone. Both children have speech disorders and have therapy related expenses in the total amount of $3,000 per year paid for by Father.
What additional information is needed in order to completely and correctly calculate child support? Be specific and complete.
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese