Child Support: What is not income for calculations.
Florida Statute 61.30 outlines what constitutes income for the purposes of calculating child support. Many times, I get parties, and even some attorneys, who will point to sporadic large deposits into a client’s bank account. Many times, these are loans, cash-ins from other investments, or gifts. Unless these funds come from work or are regular monthly “gifts” from people like parents, it is not income for the purposes of calculating child support. The main clue is whether or not these are regular monthly deposits or items like commissions or bonuses from work. Each situation must be looked at carefully.