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How should I handle substantially shared parenting for child support purposes?

In New York’s child support guideline statute, there is no modification of child support on account of shared parenting. In the statute, you pick a custodial parent, and that’s it. This seems unfair in cases of substantially equal parenting. What we sometimes suggest in cases of substantially equal parenting is the following: 1. Calculate child […]

How can I enter New York City taxes?

New York City uniquely levies an income tax. This is a tax on all income, not just on wages earned in the city. Because this is an income tax, there is a different mechanism for entering it than the standard local tax. You do NOT enter a local tax rate on the Wages > "more […]

How can I adjust page breaking on my Net Worth Statement?

First, we recommend that you only “worry” about dangling lines when you are doing the final Net Worth Statement. As long as you are working with drafts don’t worry about it. As you edit and add and delete items and/or footnotes throughout the Net Worth Statement, the page breaking will keep changing. If you change […]

How can I create a Gross Income report?

This is simply the Budget Report, with specific options selected. 1. Go to Forms & Reports > Budget Report. 2. At the top of the screen, click the link for Budget Report Options. 3. Set the options as shown below. 4. Return to the Budget Report, and override the text at the top with your […]

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