The monthly gross income of each parent includes amounts received from: (1) compensation paid to an employee for personal services, whether salary, wages, commissions, bonus, or otherwise designated; (2) self-employment income including gain, profit, or loss from a business, farm, or profession; (3) periodic payments from pensions or retirement programs, including social security or veteran’s benefits, disability payments, or insurance contracts; (4) interest, dividends, rentals, royalties, or other gain derived from investment of capital assets; (5) gain or loss from the sale, trade, or conversion of capital assets; (6) unemployment insurance benefits; (7) worker’s compensation benefits; and (8) benefits in lieu of compensation including military pay allowances.
In South Dakota, how is “gross income” for child support determined?
About Swier Law Firm's Family Law Practice Group
Swier Law Firm's Family Law Practice Group has been nationally recognized and handles the following types of cases:
- Child Custody
- Child & Spousal Support
- Grandparent Visitation Rights
- High Net Worth Divorces
- Indian Child Welfare Act (ICWA)
- Parenting Plans
- Property Division
- Pre- and Post-Marital Planning
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Family Law and Estate Planning attorney helping families across South Dakota plan and protect their loved ones