Debts in calculation of income

Posted in Location, Ontario, Ottawa, Separation by Questions on April 22, 2013

In the calculation of income used in determining my payment of support, should my $1000 per month student loan payment be deducted from the gross amount?

1 Expert Comment

  1. On April 23, 2013 at 8:11 am
    Lorrie Stojni, B.A., M.A., LL.B. said:

    Child support is based on your line 150 income as filed in your income tax return in any given year. There are some exceptions to that, but generally that is what child support is based on.

    It appears your student loan is a loan and will not be included in your income. I suggest you consult with legal counsel regarding this issue.

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