Section 9 Offsetting Incomes refers to a method used in divorce proceedings to calculate child support payments. This section of the Child Support Guidelines takes into account the incomes of both parents when determining the appropriate amount of child support.
Here's a simple explanation of how Section 9 works:
Calculate the Total Child Support Amount: The first step is to determine the base amount of child support that one parent would pay to the other based on their respective incomes. This is usually done using the Child Support Tables, which provide guidelines for the basic child support amount based on the paying parent's income and the number of children.
Offsetting Incomes: Instead of simply exchanging money, Section 9 allows parents to offset their child support payments against each other. This means that if one parent's income is significantly higher than the other's, they might end up paying the difference between their respective child support amounts.
Balancing Contributions: The idea behind offsetting incomes is to ensure that both parents contribute proportionately to the child's financial well-being based on their respective financial capacities. If one parent earns significantly more than the other, the higher-earning parent's support payment might effectively cover both parents' contributions.
Financial Fairness: Offsetting incomes can provide a more balanced and fair approach to child support when there is a substantial income disparity between the parents. It acknowledges that both parents have a role in financially supporting the child, even if one parent's financial resources are significantly greater.
It's important to note that the specific calculation and application of Section 9 can vary based on individual circumstances and the details of the divorce case. If you're going through a divorce and need to determine child support arrangements, it's advisable to consult with a family lawyer or legal expert who can provide personalized guidance based on your situation and Alberta's child support guidelines.
In summary, Section 9 Offsetting Incomes in Alberta's Child Support Guidelines allows parents with different income levels to balance their contributions to child support, ensuring that both parents financially contribute to their child's upbringing according to their respective financial capacities.