Texas Statutes (Last Updated: January 4, 2014) |
FAMILY CODE |
Title 5. THE PARENT-CHILD RELATIONSHIP AND THE SUIT AFFECTING THE PARENT-CHILD RELATIONSHIP |
Subtitle B. SUITS AFFECTING THE PARENT-CHILD RELATIONSHIP |
Chapter 154. CHILD SUPPORT |
Subchapter B. COMPUTING NET RESOURCES AVAILABLE FOR PAYMENT OF CHILD SUPPORT |
Sec. 154.061. COMPUTING NET MONTHLY INCOME
Latest version.
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(a) Whenever feasible, gross income should first be computed on an annual basis and then should be recalculated to determine average monthly gross income.
(b) The Title IV-D agency shall annually promulgate tax charts to compute net monthly income, subtracting from gross income social security taxes and federal income tax withholding for a single person claiming one personal exemption and the standard deduction.
Added by Acts 1995, 74th Leg., ch. 20, Sec. 1, eff. April 20, 1995.