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).
Enter Your Zip Code to Connect with a Lawyer Serving Your Area. Child support is tax-free for federal income tax purposes, meaning neither the recipient spouse nor the child owes taxes on it. However, unlike spousal support, child support payments are not tax-deductible by the parent who makes the payments.(Spousal support is tax-deductible for the person who makes the payments and taxable to the recipient.).f the agreement lumps child support and alimony payments together, as family support or alimony, or doesn't otherwise designate a specific portion of each payment as child support, none of the payment will be considered child support for tax purposes.