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7 AAC 40.320. Income exclusions. (a) The following income is excluded in determining the total monthly income of an applicant, together with the applicant’s spouse under 7 AAC 40.240:

(1) cash or other property received from the sale, exchange, or other disposition of a resource;

(2) the premium payment for supplementary medical insurance under Title XVIII of the Social Security Act (42 U.S.C. 1395s) if paid by a third party;

(3) the value of any third-party payment for medical care or medical services, including payment for room and board furnished during medical confinement;

(4) the value of any support and maintenance furnished the applicant in kind; the division will not increase or decrease the amount of a payment made under this chapter to reflect changes in SSI eligibility or payment amounts caused by the receipt of any support or maintenance furnished the applicant in kind;

(5) the value of any social services furnished the applicant by a governmental or private agency;

(6) income tax refunds;

(7) the amount of any ordinary and necessary expense incurred in getting or receiving unearned income, except for income tax;

(8) the amount of any ordinary and necessary expense of operating and maintaining property which is producing rent, except for depreciation and acquisition costs other than interest;

(9) $1,500 of the proceeds of any life insurance policy or the amount expended by the beneficiary of the policy on the insured’s last illness and burial, whichever is less;

(10) any income which would be excluded under 7 AAC 40.280(a)(11) — (a)(17) if it were considered to be a resource;

(11) any taxes on real property or food refunded by public agency;

(12) any portion of a grant, scholarship, or fellowship which is not made or insured by the United States Commissioner of Education but which is used to pay for tuition, fees, books, or supplies at an educational institution;

(13) the value of any agricultural products or foodstuffs obtained through subsistence activities if not obtained through a trade or business and consumed by the applicant or his immediate family;

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Official source

7 AAC 40.320. Income exclusions. (a) The following income is excluded in determining the total monthly income of an applicant, together with the applicant’s spouse under 7 AAC 40.240:

(1) cash or other property received from the sale, exchange, or other disposition of a resource;

(2) the premium payment for supplementary medical insurance under Title XVIII of the Social Security Act (42 U.S.C. 1395s) if paid by a third party;

(3) the value of any third-party payment for medical care or medical services, including payment for room and board furnished during medical confinement;

(5) the value of any social services furnished the applicant by a governmental or private agency;

(6) income tax refunds;

(7) the amount of any ordinary and necessary expense incurred in getting or receiving unearned income, except for income tax;

(8) the amount of any ordinary and necessary expense of operating and maintaining property which is producing rent, except for depreciation and acquisition costs other than interest;

(9) $1,500 of the proceeds of any life insurance policy or the amount expended by the beneficiary of the policy on the insured’s last illness and burial, whichever is less;

(10) any income which would be excluded under 7 AAC 40.280(a)(11) — (a)(17) if it were considered to be a resource;

(11) any taxes on real property or food refunded by public agency;

(13) the value of any agricultural products or foodstuffs obtained through subsistence activities if not obtained through a trade or business and consumed by the applicant or his immediate family;