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Annual Income Inclusions and Exclusions

Income Inclusions

  1. The full amount before any payroll deductions of wages, salaries, overtime pay, commissions, fees, tips, bonuses, and other compensation for personal services.
  2. The net income from the operation of a business or profession.
  3. lnterest, dividends, and other net income from any kind of real or personal property.
  4. The full amount of periodic amounts received from Social Security, annuities, insurance policies, retirement funds, pensions, disability or death benefits, and other similar receipts.
  5. Payments in lieu of earnings, such as unemployment and disability compensation, worker's compensation, and severance pay.
  6. Welfare assistance
  7. Periodic and determinable allowances, such as alimony and child support payments.
  8. All regular pay, special pay, and allowances of a member of the Armed Forces.

Income Exclusions

  1. Income from the employment of children (including foster children) under the age of 18
  2. Payments received for the care of foster children or foster adults.
  3. Lump-sum additions to family assets, such as inheritances, insurance payments, capital gains, and settlement for personal or property losses.
  4. Amounts received by the family that are specifically for or in reimbursement of the cost of medical expenses for any family member.
  5. Income of a live-in-aide.
  6. The full amount of student financial assistance paid directly to the student or to the educational. institution.
  7. The special pay to a family member serving in the Armed Forces who is exposed to hostile fire.
  8. Amounts received under training programs funded by HUD.
  9. Temporary, nonrecurring, or sporadic income (including gifts).
  10. Reparation payments paid by a foreign government pursuant to claims filed under the laws of that government by persons who were persecuted during the Nazi era.
  11. Earnings in excess of$480 for each full-time student 18 years old or older (excluding the head of household and spouse).
  12. Adoption assistance payments in excess of $480 per adopted child.
  13. Deferred periodic amounts from Supplemental Security Income and Social Security benefits that are received in a lump sum amount or in prospective monthly amounts.
  14. Amounts received by the family in the form of refunds or rebates under State or local law for property taxes paid on the dwelling unit.
  15. Amounts paid by a State agency to a family with a member who has a developmental disability and is living at home to offset the cost of services and equipment needed to keep the developmentally disabled at home.