4) Self-Employed Customer Has Significant Decrease in Reported Income

Official source

A) In August, the self-employed customer provided his tax return as proof of his income. The application is denied on August 15th for being over income. In September, he reapplies and is reporting a drastic change in his current income. This may be an attempt to under report or hide income.

B) The self-employed customer provided his tax return as proof of his income. The document shows gross income in the amount of $109,000.00. The adjusted gross income amount is $9,000.00. The customer may be over inflating the deductions to reduce his income or there are deductions being counted by the IRS that are not counted for Medicaid.

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4) Self-Employed Customer Has Significant Decrease in Reported Income

Official source

A) In August, the self-employed customer provided his tax return as proof of his income. The application is denied on August 15th for being over income. In September, he reapplies and is reporting a drastic change in his current income. This may be an attempt to under report or hide income.

B) The self-employed customer provided his tax return as proof of his income. The document shows gross income in the amount of $109,000.00. The adjusted gross income amount is $9,000.00. The customer may be over inflating the deductions to reduce his income or there are deductions being counted by the IRS that are not counted for Medicaid.