400.12.01 ELIGIBLE INDIVIDUAL AND ELIGIBLE COUPLE BUDGETING

STEP 1 – Determine Countable Unearned Income (UI) Liberalized Income Policy (200.01.02) SSI Income Policy (200.01.01) Exclude any income that does not count for ABD purposes for both liberal & SSI. Total all Unearned Income (UI) of the eligible individual /couple – do not include any Income Based on Need. Subtract FPL disregard (for applicable individual only) Subtract income disregard(s) for Former SSI applicants and recipients (COL, DAC, Widow/ers). Subtract the $50 General Exclusion. Subtract the $20 General Exclusion. Add any Income Based on Need (IBON) received by the eligible individual/couple. Subtract PASS allowable expense from UI (rare). The result is “Countable Unearned Income” of the eligible individual/couple. STEP 2 – Determine Countable Earned Income Liberalized Income Policy (200.01.02) SSI Income Policy (200.01.01) Total all Earned Income (EI) of the eligible individual/couple. Use “net” earnings only for the type of income to which it applies, such as self-employment. Subtract Student Earned Income Exclusion (SEIE), if applicable. Subtract the $50 General Exclusion (if no unearned income) or any remainder not used in Step 1. Subtract the $20 General Exclusion (if no unearned income) or any remainder not used in Step 1. Subtract the $65 Earned Income Exclusion. Subtract Impairment-Related Work Expenses Exclusion or IRWE, if applicable. Subtract ½ of the remaining earned income as part of the Earned Income Exclusion. Subtract Blind Work Expense (s) Exclusion or BWE, if applicable. Subtract PASS allowable expense from EI (rare). The result is “Countable Earned Income” of the eligible individual or eligible couple. STEP 3 – Test Countable Income Against Need Standard Liberalized Income Policy (200.01.02) SSI Income Policy (200.01.01) Add Countable Unearned Income and Countable Earned Income to arrive at Total Countable Income for the eligible individual/couple. Use FPL appropriate for the COE for an Individual or Couple. Use SSI FBR for an Individual or Couple, as appropriate. (Use FPL for COE-035 QWDI) Subtract Total Countable Income from applicable Need Standard (FPL or SSI FBR) Liberalized Result: Income cannot exceed (can be equal to or less than) the applicable FPL. SSI Result: Income cannot equal or exceed (must be less than) the SSI FBR. (For QWDI, income cannot exceed FPL)