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In Colorado, child support is calculated by a complex formula that takes into consideration the parents’ incomes, each parent’s time with the child and any tax deductions that are available to either parent. This formula is applied whenever the support of a minor child is to be determined, including dissolutions, paternity and domestic partnership cases.

Before making decision on child support, the court shall consider the following factors:

  1. The financial resources of the child;
  2. The financial resources of the custodial parent;
  3. The standard of living the child would have enjoyed had the marriage not been dissolved;
  4. The physical and emotional condition of the child and his educational needs; and
  5. The financial resources and needs of the non-custodial parent.

(Colorado Revised Statutes, Art. 10, Title 14-10-115)

Child support calculation takes into account all sources of income. It includes salaries, tips, commissions, investments and returns on investments, any interests gained from savings and also social security benefits. It is also takes into account the expenses of the child, healthcare, education, extra ordinary expenditures of the child are all taken into consideration.

Calculation of child support can be a very confusing and perplexing adventure with important consequences to your monthly budget and ability to survive financially while still providing for your child or children. Be sure to contact us right away regarding your rights and responsibilities.

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