S.D. Codified Laws § 25-7-6.7

Current with legislation signed by the governor on or before 3/6/2024

Section 25-7-6.7 - Allowable deductions from monthly gross income

Deductions from monthly gross income must be allowed as follows:

(1) Income taxes payable based on the applicable tax rate for a single taxpayer and a monthly payroll period rather than the actual tax rate;

(2) Social security and Medicare taxes based on the applicable tax rate for an employee or a self-employed taxpayer;

(3) Contributions to an IRS qualified retirement plan not exceeding ten percent of gross income;

(4) Actual business expenses of an employee, incurred for the benefit of his employer, not reimbursed;

(5) Payments made on other support and maintenance orders.

SDCL 25-7-6.7

SL 1989, ch 220, § 7; SL 1997, ch 154, §4; SL 2001, ch 133, §3; SL 2005, ch 134, §2; SL 2022, ch 81, §2.

Amended by S.L. 2022, ch. 81,s. 2, eff. 7/1/2022.