Page 32

31

4) Life insurance proceeds and other death benefits, to the extent that the total amount is more than the expenses of the deceased person's last illness and burial, and other debts paid by the individual;

5) Support (not child support) and alimony payments in cash;

6) Prizes, awards and winnings;

7) Dividends and interest;

8) Rents and royalties (except those defined as earned income);

9) Certain payments not considered wages for Social Security purposes;

10) In-kind payments to certain agricultural worker; and/or

11) Jury duty payment.

G. Inconsistent Income - frequency varies from week to week, or from month to month due to hours worked. It is considered to be received regularly if an individual can reasonably expect to receive it. Calculation of this income should follow the policy of regular income. Occupations that may fit this description are horticulturist, woodcutter, or substitute teacher, and Gig economy (i.e. ride-share services, food or package delivery, sale of crafts and handmade items, etc.).

H. Seasonal Income – income that is regularly received for only part of the year. Calculation of this income should follow the policy of regular income.

I. Self-Employment Income – If an applicant is self-employed, a copy of the past year’s federal income tax return (to include Schedule C), purchase and sales receipt, or accounting books must be used to establish the source and amount of income.

1) The amount to be used in determining eligibility will be the net income available after deduction of business expenses. Subgrantee should include the amount on the Net Profit or (Loss) line from the Schedule C (Form 1040) Profit or Loss from Business (sole proprietorship), divided by 12.

2) If it is proven that a self-employed applicant’s current situation has substantially changed in either size or type of operation from the previous year, the current income should be used. Example: A farmer farmed 40 acres in 2017, but because of ill health did not plant a crop in 2018. The income earned in 2017 should not be considered. The farmer should be considered to have zero income. 3) If the applicant cannot provide the above items, a notarized statement of income must be provided.