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Law Offices Of David Bliven
Law Offices Of David Bliven
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Are you considered self employed by child support if you have an S-corp or if the s-corp is majority owned by a trust?

  • By: David Bliven
  • Published: February 8, 2022

Q: Currently going to court filling out the financial affidavit and wanted to know the answer for this so I answer correctly. I’m not making a bunch of money because the business is new and is largely in the red so I’m playing catch up. also the ownership of my company by a trust is for estate planning purposes and long term life goals. And also I put myself on child support not the other way around, So i’m not ducking any parental obligations, as I want to provide for my child. I am asking this because I put myself on child support and I am completing a financial affidavit

A: Yes – a solely-owned S Corp. would constitute “self-employment income” on that form. Be sure to list gross income & then in the applicable section list your unreimbursed business expenses. Schedule a consult with a Bronx Child Support attorney for a full assessment.

David Bliven, Esq.

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