So what is “income” for child support purposes? The drafters of the revised Iowa Child Support Guidelines have attempted to make sure that the definition of what is considered income is better defined. Rule 9.5 of the Iowa Child Support Guidelines states that gross monthly income is defined as, “reasonably expected income from all sources”. Recently, the Iowa Child Support Guidelines changed to reflect that income now includes traditional or rehabilitative spousal support (alimony) payments that are to be received by a party in the current action, or that were ordered to be paid to a party in a prior action. The person paying the alimony in the current action will get a deduction from his/her income for what he/she pays and the person receiving alimony will have the alimony included in his/her income. It is important to understand the “income” changes to the Iowa Child Support Guidelines and to seek the advice of a family law attorney to assist with understanding these revisions.
Should you require additional information on this topic, please feel free to contact Simpson Legal Group, LLC at (712) 256-9899.