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47 | P a g e October 25 benefits. None of the PUA income is countable for LIHEAP purposes. All PUA program funds are directly related to the pandemic. DESCRIPTION OF VARIOUS PAYMENT TYPES AGRICULTURAL STABILIZATION and CONSERVATION: Cash payments are counted as earned self-employment income. These include but are not limited to: Commodity Credit Corporation, acreage reduction and conservation payments, and other one-time or installment payments made to farmers for crop or other losses unrelated to a presidentially declared disaster. If the payment is due to a presidentially declared disaster, it is excluded as both income and a resource due to the Disaster Relief Act. CANCELED DEBT: If canceled debt appears on any of the tax forms, it should not be counted. Before disregarding canceled debt claimed by a household, the household is required to provide a statement from the lending institution verifying the canceled debt. CAPITAL GAINS AND LOSSES: Capital gains are increases in the value of property between the time purchased and the time sold. Capital losses are decreases in the value of property between the time purchased and the time sold. Depreciation is considered when determining whether capital gains/losses occur for self-employment businesses. Capital gains/losses are usually determined at the time property is sold. Capital gains from the sale of self-employment property must be included as part of the net earnings from self-employment whether paid in a lump sum or in installments. Capital losses are not used in any self-employment income determination. They are not considered business expenses or deductions. BARTERING: Bartering is considered in-kind services exchanged between two self-employed businesses such as an exchange of storage space for furnace repair. Bartering is excluded as income or resources. ALLOWABLE EXPENSES OF PRODUCING SELF-EMPLOYMENT INCOME: Allowable expenses of producing self-employment income are excluded from the gross self- employment income. Most costs of doing business are allowable expenses and may be accepted as listed on the income tax forms with few exceptions. LIHEAP self-employment