Page 156

MS 5010

[1]

Volume 2 - Supplemental Nutrition Assistance Program (SNAP) MS 5010 – R. 8/1/10 – OMTL – 368 Resources - Self-Employed

Liquid resources that can be readily identified as used exclusively for the self- employment enterprise are not considered available to the household. If resources are commingled for both the household's and the business's use, they are divided based on the household's statement of the percentage of use.

However, a self-employed household that receives a business loan has the loan considered as a resource in the month received, even if the household anticipates spending some or all of it in the same month. Any amount remaining after the month of receipt continues to be counted as a resource until the money is spent.

loading…

Page 156

Official source

MS 5010

[1]

Volume 2 - Supplemental Nutrition Assistance Program (SNAP) MS 5010 – R. 8/1/10 – OMTL – 368 Resources - Self-Employed

Liquid resources that can be readily identified as used exclusively for the self- employment enterprise are not considered available to the household. If resources are commingled for both the household's and the business's use, they are divided based on the household's statement of the percentage of use.

However, a self-employed household that receives a business loan has the loan considered as a resource in the month received, even if the household anticipates spending some or all of it in the same month. Any amount remaining after the month of receipt continues to be counted as a resource until the money is spent.