Instructions. Ask your Realtor what the commission rate on a particular home sale will be. For instance, suppose the commission rate is 4.5 percent. Divide the percentage by 100 to obtain the decimal form that you will use later in the calculation. For example, 4.5 / 100 = 0.045.sk your Realtor what the commission rate on a particular home sale will be. For instance, suppose the commission rate is 4.5 percent. Divide the percentage by 100 to obtain the decimal form that you will use later in the calculation.
A government benefit is âmeans-testedâ if the eligibility for the benefit or its amount is determined on the basis of the income or the resources of the recipient. Therefore, SSI benefits are not considered to be income to the recipient for the purposes of determining any child support award. The other type of social security benefits is called Social Security Disability (SSD).
A: No, child support payments are not considered taxable income, according to the IRS. Child support payments are neither deductible by the payer nor taxable to the payee. So when you calculate your gross income to see if you are required to file a tax return, do not include child support payments received.