Child support is one of the most important things in a child custody proceeding. Parents will have to settle the amount ordered by the court for the raising of the child. And this is regardless of whether or not they possess joint or sole custody.
Typically, the higher wage earner will be required to pay the other party monetary fees for child support. The purpose behind it is because the court, particularly in the State of Colorado, wants children to experience the same standard of living in both households (the mom’s and dad’s).
Two Types of Child Support Worksheets in Colorado
Statutes governing child support differ depending on the State you are living in. In Colorado, there are two different types of child support worksheets: the Worksheet A and Worksheet B.
If one parent has less than 93 overnights a year, he or she falls under Worksheet A. On the other hand, if the parent has more than 93 overnights up to 182 overnights, he or she falls under Worksheet B, which would shift how much child support has to be paid.
Basically, if you’re the parent that has fewer overnights and fall under Worksheet A, you’re going to pay more child support to the other parent. This is to compensate them for the number of days they are financially responsible for the child.
How does Colorado calculate child support?
Colorado uses gross incomes when calculating child support. They took a look at your tax sheets, payslips, and other documents that could show how much you are earning. But a high income doesn’t necessarily mean that the value of your child support will be high, considering that there are some credits given.
These credits can come in the form of health insurance, for example. So you get credit on your side of the column for expenses that you pay for health insurance. Another credit is daycare. If you are shouldering daycare expenses for the children, you will get a credit on the child support worksheet.
The credits, however, do not offset on a per dollar basis. Instead, it is going to be factored in as proportionate to income. Ultimately, everything that is considered on a child support worksheet considers your level of income.
Can You Modify Child Support Payments?
You can modify child support payments by filing a motion to the proper family court. But you need to be aware; it is a high standard that the courts hold on child support, and it will be hard for you to get your support payments modified.
To be able to receive a modification on your child support payments, you need to show that:
- There is a continuing and substantial change of circumstances.
- That change results in a 10% or more difference in income.
- The change is not temporary.
Read our blog post on modification of child support to learn more.