LINE 2b, FICA/Self Employment Taxes

Enter the total monthly amount of FICA/Self-employment taxes owed.

If a deduction is annual or varies during the year, divide the annual total of the deduction by 12 to determine a monthly amount.


Use SKRATCHPAD image\ebd_ebd8.gif to convert FICA/Self Employment Taxes to Monthly amounts.


Select your desired Tax Method by using the drop down list, or clicking on the TAX OPTIONS button.


INCOME STANDARD #5: Determination of Net Income

The following expenses shall be disclosed and deducted from gross monthly income to calculate net monthly income: federal and state income taxes (see the following paragraph [concerning tax exemptions]); federal insurance contributions act deductions (FICA); mandatory pension plan payments; mandatory union or professional dues; state industrial insurance premiums; court ordered spousal maintenance to the extent actually paid; up to two-thousand dollars per year in voluntary pension payments actually made if the contributions were made for the two tax years preceding the earlier of the tax year in which the parties separated with intent to live separate and apart or the tax year in which the parties filed for dissolution; and normal business expenses and self employment taxes for self-employed persons. Justification shall be required for any business expense deduction about which there is a disagreement. Items deducted from gross income shall not be a reason to deviate from the standard calculation.


Allocation of Tax Exemptions

The parties may agree which parent is entitled to claim the child or children as dependents for federal income tax exemptions. The court may award the exemption or exemptions and order a party to sign the federal income tax dependency exemption waiver. The court may divide the exemptions between the parties, alternate the exemptions between the parties or both.