Page 135

MISSISSIPPI DIVISION OF MEDICAID Eligibility Policy and Procedures Manual CHAPTER 200B – Income: MAGI Categories Page |135

Effective Month: July 2025

200B.03 INCOME THAT COUNTS The following types of income count for MAGI purposes, either because the income is taxable, or the income has been otherwise included as income for MAGI-related eligibility. The income payments shown below are not an exhaustive list but is representative of the more commonly encountered types of income.

INCOME TREATMENT TYPE OF INCOME Agriculture payments (ASCS Allotments or Farm Allotments) Counts as income in the month received (usually paid in a lump sum). Unearned Alimony or Spousal Support received Refer to Section 200B.03.01 for treatment AmeriCorps VISTA, AmeriCorps NCCC Meal and lodging allowances treated as wages Earned Annuity payments Counts as income to the annuitant receiving the payment Unearned Bonus payments Counts as income if recurring, subject to averaging. Refer to 200B.03.01 below. Earned Capital Gains A capital gain is realized when an asset (stock, security, real estate, equipment, etc.) has appreciated in value and sold. The profit earned is a capital gain that is counted as income in the month the asset is sold. Unearned/ Other Choctaw Casino Bonus Payments Counts as income in the month received. Unearned Civil Service & Federal Employee Retirement System Benefits count as income/same as ABD policy addressed in 200A.07.05 Unearned Commission Payments count as income. Refer to 200B.03.01 below. Earned Contracted Employment Counts as income by averaging over the life of the contract. Refer to 200B.03.01 below. Earned Employee Compensation Includes wages, salaries, commissions, tips, vacation pay, severance pay, union dues and Earned