What factors must be considered when calculating child support payments?

When calculating child support payments in West Virginia, there are several factors that must be considered. First, the income of both parents must be taken into account. This includes both earned income, such as wages and salaries, as well as unearned income, such as Social Security benefits, investment income, and disability benefits. Other factors that must be taken into account include any financial obligations of both parents, such as alimony or spousal support payments and medical bills. In addition, any other child support payments that must be made for other children of either parent must also be taken into consideration. Additional financial factors that must be considered when determining the amount of child support payments include the cost of health care, child care, and educational expenses for the child. If one parent has special educational or medical needs that increase their costs for the child, this must be taken into consideration as well. Finally, the court must also consider any relevant factors affecting the best interests of the child. For example, if one parent has special needs, or if there are extraordinary circumstances that affect the cost of supporting the child, the court can use this information when determining the amount of the child support payment.

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What factors must be considered when calculating child support payments?

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