Pre-nuptial agreements can be valid in Tennessee. If you entered into such an agreement, be sure to tell your lawyer. If you are interested in obtaining a pre-nuptial agreement before your next marriage, plan ahead. For important legal reasons, do not wait until the last minute. Tax time means checking child support amount.
Child support is based on gross income.
For most, calculating child support is a simple process of looking at all of the W-2's and adding them up. But it can get more complicated. Income for purposes of child support can include such items as interest income, bonuses, and capital gains. There are only a few ways, however, to reduce the gross income before calculating child support. These items are almost always reflected on tax returns.