gross income calculation

• Maiden v. Maiden, (Ohio 2011)

DOMESTIC - child support; spousal support; voluntarily unemployed; voluntarily underemployed; impute income; R.C. 3119.05(H); calculation of gross income; income averaging.

• Ohio Supreme Court

• Feldman v. Feldman, (Ohio 2009)

Spousal support, change in circumstance, spouse’s income, R.C. 3105.18(C), ability to pay, unemployed, Civ.R. 53, involuntary decrease, income calculation, R.C.3119.01, gross income, IRA, retirement.

• Ohio Supreme Court

• Cch Tax Briefing Analyzes New Withholding Tax Repeal, Jobs Creation Act

RIVERWOODS, Ill., Nov. 17, 2011 /PRNewswire/ -- Congress has cleared legislation, The Three Percent Withholding Repeal and Job Creation Act (H.R. 674), repealing a 3-percent withholding tax imposed on government contractors, and expanding tax incentives to encourage employers to hire military veterans. CCH has issued a new Tax Briefing taking a closer look at the bipartisan measure that now awaits President Obama's signature. CCH, a Wolters Kluwer business is a leading global provider of tax, accounting and audit information, software and services (CCHGroup.com). The $12.8 billion cost of the withholding repeal and veterans' tax incentives is offset by modifying the calculation of modified adjusted gross income (AGI) for determining certain federal health care program eligibility, as we...

• U.S. Newswire
• November 17, 2011

• Massey v. Lambert, (Ohio 2011)

Child support; calculation of parent's gross income; when a parent is evasive or avoidant in providing income verification, a court may use the limited information it has before it to extrapolate the parent's gross income, even if the parent is not voluntarily unemployed or underemployed.

• Ohio Supreme Court

• La Supreme Court Rules Military Allowances Must Be Considered in Calculating Child Support

Military allowances for housing and subsistence must be included in a father's gross income for the calculation of child support payments, the Louisiana Supreme Court has ruled. The father was a U.S. Navy officer who received a monthly base salary as well as housing and subsistence allowances.

• Lawyers USA
• September 07, 2006

• Pettit v. Pettit, (Ohio 2012)

The trial court did not abuse its discretion in failing to grant a new trial because there were no irregularities in the proceedings where the guardian ad litem performed her duties according to Sup.R. 48, where taking appellant's testimony via deposition instead of live in court did not deny him a fair trial, where appellant did not file his request for a custody evaluation until after the hearings began, and where the trial court divided property equitably without regard to value where no evidence of value was submitted by the parties. The trial court did not abuse its discretion in awarding the family business to appellee before requiring her to pay appellant his share of the business. The trial court also did not abuse its discretion in not awarding a separate value for the invent...

... an income in order to secure the necessary  financing. ... not have been supported by a $40,000  gross income.  The record lacks any documentation as t...

• Ohio Supreme Court

• Bradach v. Bradach, (Ohio 2007)

MODIFICATION; CHILD SUPPORT; OBLIGATION; STANDARD OF REVIEW; ABUSE OF DISCRETION; BONUS; GROSS INCOME; VOLUNTARILY UNDEREMPLOYED; DEVIATION CALCULATION.

• Ohio Supreme Court

• Caraco Pharmaceutical Laboratories, Ltd. v. Novo Nordisk A/S, 566 U.S. (2012)

... 6 years when a taxpayer "omits fromgross income an amount properly includible therein which is in excess of 25 percent of the amount of gross income stated in the return,"§6501(e)(1)(A). Res... a definition of "gross income," the calculation would take (1) total revenue from sales, $40,000,m...

• U.S. Supreme Court

• Worley v. Worley, (Ohio 2007)

Trial court did not A/D by including Appellants overtime pay in calculation of gross income in determining child support obligation; Trial court erred in not including spousal support award in calculation of child support; and trial court erred in awarding attorney fees without a hearing.

• Ohio Supreme Court

• How Much Income Will You Need During Retirement?

Using today's dollars, how much income do you think you'll need each month to cover your monthly household expenses? Let's say that you need $3,000 to pay for your monthly household expenses. I'm sure that you want to have money left over after you pay the bills. How much extra do you need to do fun stuff: take annual vacations, spend on impulse etc? Let's say you'd like an extra $500 remaining after the bills are paid. Using our example, you need a total of $3,500 per month. Multiply your monthly retirement income deficit by 12-months to calculate the annual income needed initially during retirement. $2,600 (RID) times 12-months equal $31,200. Divide the annual income by .80 ($31,200 divided .80 = $39,000). This figure represents the gross amount you'll need annually to net $31,000 per...

...My calculation ensures that you don't outlive your savings and th...

• New Pittsburgh Courier; City Edition
• September 02, 2009