X hits on this document

33 views

0 shares

0 downloads

0 comments

13 / 15

makes those adjustments internally, but will not actually show the South Carolina taxable income on the screen anywhere. There simply was not room.

Also, the South Carolina taxes may be a little imprecise, but the difference should not be material at all in ultimately calculating the net disposable monthly income that each party will have. The South Carolina Department of Revenue requires that the state income taxes that are itemized on the federal return must be added back to taxable income for state tax purposes, and the Alimony Calculator™ does that, but even that number may be adjusted somewhat depending on the amount of casualty losses and some other itemized deductions and phaseout of federal deductions. Those adjustments would require that the Itemized Deductions Page be much more detailed than I felt was wise or warranted, especially since I tried to design the program to make it as user-friendly and simple as possible, but still be able to run the appropriate calculations. If you really get excited about this stuff, then get a copy of the Instructions to the South Carolina Form 1040 and the worksheets are there. You might also want to get a life while you are at it. You can enter any adjustment at the bottom of the Income Page.

15. Deviating From The Guidelines

If you want to deviate from the Guidelines and manually enter a child support figure, click on the checkbox in the Guidelines Deviation frame. The checkbox is labeled "Deviate From The Guidelines" (logical, eh?).

The same box in red will pop up at the bottom right as when the incomes exceed the Guidelines. Manually enter the amount of child support payable and select who the payor will be.

Since the Guidelines will not apply, the Results box labeled "Wife's $ Net of Children's Support" (or "Husband's $ Net of Children's Support", as the case may be) will not appear. It is impossible to measure how much total money will be spent on the children since it cannot calculate what the custodial parent will spend of his/her money.

16. Saving and Opening Files

Saving a File: You can save a set of calculations and results by using the menu (File>Save As) or CTRL-S or by clicking the Save command button. Be sure to save it under a unique file name, such as your client's name.

Opening a File: Likewise, you can open a saved file by using the menu (File>Open) or by CTRL-O or by clicking the File Open command button.

CAUTION: The program's Save As (Save) function simply saves the data that you have entered and not the Results. When you reopen that file, it will automatically recalculate the numbers. Therefore, the Results may change from what you saw earlier if the tax rates, etc. in the meantime have changed. To preserve the Results for posterity,

Version 2.03.1

13

Document info
Document views33
Page views33
Page last viewedTue Dec 06 09:32:23 UTC 2016
Pages15
Paragraphs253
Words5892

Comments