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What Factors Does the Formula Take Into Account?

account factors Formula
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Although it’s important to remember that judges do have discretion to deviate from the guidelines, New Jersey’s formula for determining child support generally takes into account the income of each parent, tax withholdings, the number of overnights each parent has with the children, children’s health insurance premiums and childcare costs. In addition, in cases where the after-tax income of the parents is very high, family court judges have the authority to order additional child support based on various fairness factors outlined in the state statute.

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