COMPUTATION Advances on travel Not Counted Count as income in the year Advances on wages Counted received. total amount (annualize for Agriculture payments Counted BG). Alaska Native Settlement Act and Maine Indian Claims Settlement Not Counted Act of 1980 Alimony (spousal support) Counted received Annuities Counted If individual received 1099, then they (sale of) Counted are required to report. as income if reasonably Bonuses Counted anticipated. Capital Gains (from sale of goods or Counted equipment) Capital Gains (other) Counted Count available cash support provided by tax filer to tax Cash contributions Counted dependent. Self-report of amount will be accepted. Cash Not Counted Charitable donations (based on need from private non-profit Not Counted charitable organizations) Child Support Received Not Counted Disaster Relief and Emergency Assistance Amendment of 1988 Not Counted payments Dividends Counted Earned Income Tax Credit Not Counted Educational loans, grants, scholarships and benefits: - BEOG or Pell Grants Loans for educational purposes, but Not Counted - Residential Scholarships not living expenses, are excluded. - Federal Supplemental Educational Opportunity Grants - State Student Incentive Grants
COMPUTATION Advances on travel Not Counted Advances on wages Counted Count as income in the year received. Agriculture payments Counted total amount (annualize for BG). Alaska Native Settlement Act and Maine Indian Claims Settlement Act of 1980 Not Counted Alimony (spousal support) received Counted Annuities Counted (sale of) Counted If individual received 1099, then they are required to report. Bonuses Counted as income if reasonably anticipated. Capital Gains (from sale of goods or equipment) Counted Capital Gains (other) Counted Cash contributions Counted Count available cash support provided by tax filer to tax dependent. Self-report of amount will be accepted. Cash Not Counted Charitable donations (based on need from private non-profit charitable organizations) Not Counted Child Support Received Not Counted Disaster Relief and Emergency Assistance Amendment of 1988 payments Not Counted Dividends Counted Earned Income Tax Credit Not Counted Educational loans, grants, scholarships and benefits: - BEOG or Pell Grants - Residential Scholarships - Federal Supplemental Educational Opportunity Grants - State Student Incentive Grants Not Counted Loans for educational purposes, but not living expenses, are excluded.
Chapter_203.docx