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Chapter: 1800 Income

Program: CIC 1 1850.0000 Child In Care This chapter discusses income policy for individuals whose income must be considered. Refer to Chapter 2200 to determine which SFU members must have their incomes considered.

The specific income situations discussed in this chapter are:

1. Income Concepts, 2. Wages Included by All Programs, 3. Self-Employment, 4. Wages Received from Training Programs, 5. Real Estate Income, 6. In-Kind Benefits, 7. Support, 8. Assistance from Government Agencies, 9. Benefits, 10. Dividends and Interest, 11. Reimbursements, 12. Student Loans, Grants, and Scholarships, and 13. Personal Loans, Gifts, and Contributions. 1850.0001 Definition of Income (CIC) Income is cash received at regular intervals from any source such as wages, benefits, contributions, and rentals. Income means all income, earned as well as unearned, from any source unless specifically excluded in this chapter. 1850.0100 INCOME CONCEPTS (CIC) This section contains a discussion of the following income concepts:

1. earned and unearned income, 2. infrequent or irregular income, 3. availability of income, 4. diversion of income, 5. third party payments, 6. deeming of income, and 7. verification of income. 1850.0101 Earned and Unearned Income (CIC) Income is classified into two categories for budgeting purposes: earned income and unearned income. All non-exempt income must be verified at application and review unless otherwise specified.

Exempt income is income (earned or unearned) that is excluded from consideration when determining eligibility. Accept the individual’s statement for amount and type of exempt income, unless information is questionable or verification is required.

Earned income is the receipt of wages, salary, commission, or profit from an individual's performance of work or services, or a self-employment enterprise.