In 2022, child support is calculated based on both of the parents’ net incomes. If the parents have a relatively equal amount of parenting time, the child support obligation is modified accordingly. Read on to learn more about how child support is calculated if parents share custody 50/50.
Parenting Time and Shared Parenting Scenarios
Physical custody of a child is now referred to as parenting time in Illinois, but the term custody is still used in informal settings. Divorcing parents are permitted and encouraged to develop a parenting time schedule that works for them. For example, in some families, one parent has the children on weekends and the other on weekdays. In other families, children stay with one parent the first and third weeks of the month and the other parent on the second and forth weeks of the month.
A shared parenting arrangement occurs when both parents have the children more than 40 percent of the time. This works out to 146 overnight visits a year. If you and your child’s other parent have 50/50 or near 50/50 custody, this is considered a shared parenting arrangement. It is important for you to understand how shared parenting arrangements influence child support obligations.
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