December 2016 | No. E2016-00243-COA-R3-CV (Tenn. Ct. App. 2016)

Fuller v. Fuller (Tennessee 2016)

Child support income for a self-employed parent should not include reasonable and ordinary business expenses or the value of any asset distributed as marital property. In this case, the father was a self-employed financial planner. The trial court failed to subtract the amount of business expenses from his gross income. The trial court also included his “trail income,” which had been divided as a marital asset. Trail income is money received from the ongoing management of financial assets. The guidelines specify that income the asset may generate after the division can be considered in the income calculation.

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