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Divorce Support This forum is for discussing the emotional aspects of divorce: stress, anger, betrayal of trust and more.

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Old 05-07-2012, 02:41 PM
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Default OMG...crazy

I am trying to get a handle on this...I have run the numbers through my support calculator and maybe someone can help...my ex made about 11,800.00 last year...has an MBA in international finance...but is not looking to work(whole other story)...I made 113,000.00 thanks in part to 20+K in overtime...2 kids and they live with ex for 65% of the time...SS is 1350.00...CS 1445.00....based on kids living with her
Plugged in the same numbers but said custody was shared...CS drops to 1395.00...SS..get this...increases to 1700.00.
Can anyone out there explain this to me?
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Old 05-07-2012, 04:57 PM
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SS is based on Net income, not gross, and the amount of CS paid is taken into the equation to determine how much SS should be paid.

So, by paying less CS, more of your income is available to pay SS.

I am a little baffled that the numbers for shared add up to be higher than the numbers for table amount. Most likely the income taxes are throwing it off too... keep in mind that SS is taxable for the receiver and deductible for the payor.

It all comes down to the two "NDI" (net disposable incomes) percentages between the parties, if I remember correctly.
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Old 05-07-2012, 05:23 PM
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Thanks Wolf...and while I'm no expert in the financial end of things...as I said...these were the results when I plunked the numbers into the mysupportcalculator website. I suspect it has something to do with the fact that she has earned under the poverty line. Regardless...paying 2800.00 in total + the fact that she gets about 800.00 in child tax credits + she makes about 1000-1500.00 per month results in her getting about 4600.00 or so total per month...give or take.
Without any overtime...I net about 4200.00/mth....let's seeeeee...4200-2800(which I pay her) leaves me with about 1300.00 and what was her total again?....oh yeah...4600.00

I am completely at a loss.....
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Old 05-07-2012, 05:25 PM
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sorry....can't subtract... 1400.00 ...well that's better then...LMFAO
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Old 05-07-2012, 05:30 PM
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wat stage in the "game" r u in?
how old are the kids
how long was the marriage
they won't take everything...forget the calculator if it's right or wrong they can't get blood outta stone....well maybe
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Old 05-07-2012, 05:44 PM
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Blood from a stone...that's what I thought...although bankruptcy does not seem to compute to the Family Law courts from what I'm reading.
Separated 6 months now...2 kids (9&6)....also on the hook for 75% S7....thinking that I may have enough to be able to buy a coffee...but certainly not two.
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Old 05-07-2012, 05:46 PM
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Ex...who has an MBA in finance has indicated for me to get tax reduced at source to provide me more net income each month...but if I do that...how much am I paying come tax time?
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Old 05-07-2012, 05:49 PM
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Nothing, that's the whole point.

Your SS is tax deductible. So either you get a big return at tax time when its declared, or you get authorization from CRA to pay less tax during the year instead so that it works out that you owe nothing.

I did it, it was able to get me a little more fluid income every month so I could afford groceries in the beginning.
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Old 05-07-2012, 05:55 PM
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okay...16200.00/yr SS...results in about 6480.00 return....divided by 12 gives me an extra 500.00 or so...great...monthly goes to 1800.00 mth....unfortunately living in Ottawa - doesn't really help...rent..is a minimum 1000.00....ah well...cardboard boxes especially if I can duct tape a bunch together will work...lol...sorry...laughing at the absurdity of it all....
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Old 05-07-2012, 05:56 PM
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You were comparing your Net vs her Gross which isn't a fair comparison, but then again nothing is fair about the situation anyways

The idea is that she ends up with about 55% of the net disposable income for the family and you end up with 45%.

Your income makes up more than 90% of the family's income so yeah, you lose almost everything. And she'll get all the benefits from the kids which completely tips it in her favour.

I make about 60k and after the dust settles my ex sits at home unemployed with about 28k net income and I have net 22k income by working every day. Welcome to family law. If you want to do better, go for shared custody.
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