Tuesday, January 25, 2011

NEW SELF SUPPORT RESERVE

The self-support reserve in the Child Support Worksheets has changed.

As you may know, the self-support reserve is calculated at 125% of the federal poverty level.

HHS published in the Federal Register last week the new 2011 HHS Poverty Guidelines, which say that the poverty level for this year is $10,890. Multiplied by 125% and divided by 12 months makes the new self-support reserve $1,134 per month (a whopping $6 increase!). I'

There have also been some changes to tax withholding--income tax withholding increased and FICA decreased.

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