Child Support and Incomes Over $150,000

Hello, my name is Megan Jamieson and I am an associate at the Feldstein Family Law Group. Today, I will be discussing child support based on the Federal Child Support Guidelines and more specifically, what happens when a parent’s income is over $150,000.00.

Calculating child support in Ontario is governed by the Federal Child Support Guidelines, which set out a Table that prescribes monthly child support payments, based on the income of the paying spouse and the number of children he or she is responsible for supporting. The range of annual income accounted for on the Table is $8,000.00 to $150,000.00.

This Table is the starting point for determining monthly child support payments, as per Section 3 of the Guidelines.

However, section 4 of the Guidelines deals with incomes above $150,000.00, because, the Court may deem the amount of child support based on an income of $150,000.00 to be inappropriate for a recipient child whose paying parent makes, for example, hundreds of thousands of dollars annually.

Full transcript: http://www.separation.ca/videos/child...