3) Purchases at Current Market Value
The customer’s bank statement showed a purchase in the amount of $2,877.32. When asked about this purchase by a Benefits and Eligibility Specialist, the customer states that he used the money to buy a new TV at a local electronics store. He purchased it for himself to replace his old TV, which was broken.
The new TV was purchased for the customer at the current market value and does not affect his eligibility for ALTCS.