Allowable deductions from monthly gross income.

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25-7-6.7. Allowable deductions from monthly gross income.

Deductions from monthly gross income shall be allowed as follows:

(1)Income taxes payable based on the applicable tax rate for a single taxpayer with one withholding allowance and a monthly payroll period rather than the actual tax rate;

(2)Social security and medicare taxes based on the applicable tax rate for an employee or a self-employed taxpayer;

(3)Contributions to an IRS qualified retirement plan not exceeding ten percent of gross income;

(4)Actual business expenses of an employee, incurred for the benefit of his employer, not reimbursed;

(5)Payments made on other support and maintenance orders.

Source: SL 1989, ch 220, §7; SL 1997, ch 154, §4; SL 2001, ch 133, §3; SL 2005, ch 134, §2.


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