child supportpovert

[hayjoy 0]

hello, does anyone know if they consider child support for your kids as income if you don't meet the 125% poverty guidline, and if so does it have to be

court ordered? What if you get a certain amount deposited in your account every month for the last three years for child support and the bank can

confirm it being deposited, i wonder if i can use that income, because i'm about 3,000 short of what i need and i don't have a co sponsor although i do have property in my name that was given to me by my parents and i'm buying a home too, but does it have to be paid for when using as an asset? Any help would be greatly appreaciative thanks.

Edited January 14, 2008 by hayjoy

[mox 298]

hello, does anyone know if they consider child support for your kids as income if you don't meet the 125% poverty guidline, and if so does it have to be

court ordered? What if you get a certain amount deposited in your account every month for the last three years for child support and the bank can

confirm it being deposited, i wonder if i can use that income, because i'm about 3,000 short of what i need and i don't have a co sponsor although i do have property in my name that was given to me by my parents and i'm buying a home too, but does it have to be paid for when using as an asset? Any help would be greatly appreaciative thanks.

They don't look at your expenses, just your income. If you are receiving child support and it's taxable, then you can claim it as income. I don't think it has to be court ordered.

[arbhagw26 0]

hello, does anyone know if they consider child support for your kids as income if you don't meet the 125% poverty guidline, and if so does it have to be

court ordered? What if you get a certain amount deposited in your account every month for the last three years for child support and the bank can

confirm it being deposited, i wonder if i can use that income, because i'm about 3,000 short of what i need and i don't have a co sponsor although i do have property in my name that was given to me by my parents and i'm buying a home too, but does it have to be paid for when using as an asset? Any help would be greatly appreaciative thanks.

They don't look at your expenses, just your income. If you are receiving child support and it's taxable, then you can claim it as income. I don't think it has to be court ordered.

Hello, I'm new to this as well. I was wondering the same thing in regards to child support. did you get a direct Answer? Are you working with Trinidad?

[Robyn-n-Kris 72]

hello, does anyone know if they consider child support for your kids as income if you don't meet the 125% poverty guidline, and if so does it have to be

court ordered? What if you get a certain amount deposited in your account every month for the last three years for child support and the bank can

confirm it being deposited, i wonder if i can use that income, because i'm about 3,000 short of what i need and i don't have a co sponsor although i do have property in my name that was given to me by my parents and i'm buying a home too, but does it have to be paid for when using as an asset? Any help would be greatly appreaciative thanks.

They don't look at your expenses, just your income. If you are receiving child support and it's taxable, then you can claim it as income. I don't think it has to be court ordered.

thing is.. child support (if memory serves me) isnt taxable. Not sure if this will make a difference.

[mox 298]

thing is.. child support (if memory serves me) isnt taxable. Not sure if this will make a difference.

Well...sorta. Child support payments are taxable income by the payer. The receiver does not have to declare it as income. (back in Jan when I wrote my reply above I wasn't sure about this. I've since done my taxes and know I am taxed on it. )