New Hampshire HB1762 revises child support calculations by adjusting the definition of adjusted gross income and the child support formula.
New Hampshire HB1762 modifies the calculation of child support by altering the definition of adjusted gross income and the child support formula. The bill redefines adjusted gross income to exclude certain payments and taxes, including court-ordered support, self-employment tax, retirement contributions, state income tax, and child care expenses. It also updates the child support formula to use the parenting time factor, which is capped at 1.000.
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