Section 7 Expenses Calculator

Enter net annual out of pocket expenses for your children s activities education and other special child related expenses.

Section 7 expenses calculator. If someone could tell me where to find an on line copy of this section 7 so i can give it a read over that would be appreciated. Deduct the net value of any tax benefits or credits received in relation to the expense first otherwise the calculation will be inaccurate. Not all extra expenses for the child fall into the category of a section 7 expense.

Special or extraordinary expenses are childcare expenses that are not included in the basic monthly amounts of child support. Examples of expenses that would not constitute a section 7 expense include costs associated with. Special child related expenses are governed by section 7 of the child support guidelines and are apportioned between separated parents based on income after taking into consideration any child support payments.

As explained in step 6 the child support tables provide a starting point. Now you need to compare the two tax amounts. Section 7 expenses an amount of child support in respect of special or extraordinary expenses if any.

Determine if there are special or extraordinary expenses either of you may ask for an amount for special or extraordinary expenses under the federal guidelines. It is used to help cover the costs of caring for the child. Under each set of child support guidelines a parent may be required to pay or entitled to receive payment of an amount in respect of certain special or extraordinary expenses relating to a child above the basic monthly amount.

Subtract the amount of tax payable when special or extraordinary expenses have been included in the return from the amount of tax payable when no special or extraordinary expenses were taken into account. Calculating section 7 special expenses for child suppor i need help understanding how to calculate section 7 special expenses. Expenses not clearly section 7 or regular support.

A party is to pay a fixed dollar amount for expenses for example must pay 50 per month for section 7 expenses both parties are to pay a percentage or proportionate share of expenses and the order specifies what expenses are payable for example must pay 50 of expenses for daycare piano lessons and orthodontic treatment. Not sure what expenses qualify. These expenses are sometimes called section 7 expenses.