# A B C D E F G H I J L M N O P Q R S T U V W

Annualize

An accounting term which means to convert a figure into an annual rate, or yearly average. Both the Child Support Guidelines and Spousal Maintenance Guidelines require Courts to annualize seasonal or fluctuating income by looking at what someone earned over the past few years and take an average. For example, let’s say Melissa, in her role as a seasonal accountant, made $40,000 in 2021, $35,000.00 in 2022, and $15,000.00 in 2023. The Court can annualize her income by taking the average of those three years, which is $30,000.00. ASMG § III(A)(1)(d); CSG § II(A)(1)(c). The Child Support Guidelines also annualize expenses for childcare, education, and extraordinary child expenses. CSG § III(B)(4-6). For child support, the annualization is also meant to ensure “that each month’s child support obligation is increased or decreased in an equal monthly amount, instead of the obligation for particular months being abated, increased, or decreased.” CSG § III(B)(7).

Good People.
Great Results.

Our award-winning team of professionals deliver
the outcomes our clients need.

Don't Take Our Word For It,
See What Our Clients Have To Say.

Contact State 48 Law

We offer in-person, video, and phone consultations.

Location
North Scottsdale Office

14500 N Northsight Blvd Ste 313, Scottsdale, AZ 85260

Location
East Valley Office

3133 W Frye Rd, Ste 101, Chandler, AZ 85226