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Wyoming Statutes Title 20. Domestic Relations § 20-2-303. Definitions

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(a)?As used in this article:

(i)??Age of majority? means as defined in W.S. 14-1-101(a) or 14-2-204(a), whichever is applicable;

(ii)??Income? means any form of payment or return in money or in kind to an individual, regardless of source. ?Income includes, but is not limited to wages, earnings, salary, commission, compensation as an independent contractor, temporary total disability, permanent partial disability and permanent total disability worker's compensation payments, unemployment compensation, disability, annuity and retirement benefits, and any other payments made by any payor, but shall not include any earnings derived from overtime work unless the court, after considering all overtime earnings derived in the preceding twenty-four (24) month period, determines the overtime earnings can reasonably be expected to continue on a consistent basis. ?In determining income, all reasonable unreimbursed legitimate business expenses shall be deducted. ?Means tested sources of income such as Pell grants, aid under the personal opportunities with employment responsibilities (POWER) program, supplemental nutrition assistance program and supplemental security income (SSI) shall not be considered as income. ?Gross income also means potential income of parents who are voluntarily unemployed or underemployed;

(iii)??Net income? means income as defined in paragraph (ii) of this subsection less personal income taxes, social security deductions, cost of dependent health care coverage for all dependent children, actual payments being made under preexisting support orders for current support of other children, other court-ordered support obligations currently being paid and mandatory pension deductions. ?Payments towards child support arrearage shall not be deducted to arrive at net income;

Cite this article: - Wyoming Statutes Title 20. Domestic Relations § 20-2-303. Definitions - last updated December 01, 2021 |

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