Updates were posted to the Kansas Child Support Calculator, the Bradley ParentingTime® Calculator and the ArrearsMaster® Calculator on June 29th, 2018.
Kansas Child Support Calculator: Updates included changes to the calculation of the phase out on the Child Tax Credit. The TCJA signed into law on Jan 1, 2018 seems to be quite puzzling to a lot of people. This area of the tax adjustment is by far the most asked about lately. There are 4 parts of the Tax Adjustment that are considered, of which the Child Tax Credit is only 1 part. The 4 areas are covered in a previous blog post. This is recommended reading if you want to learn more about how the program is calculating the suggested tax adjustment.
Bradley ParentingTime® Calculator: Updated the annual hourly calendar with some minor corrections to the calendar.
ArrearsMaster®: Updated all interest rates – in particular, the Kansas judgement rate increased on July 1st, 2018 to 6.5%.