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$8,888.00 divided by 10 payments equal $888.00 per payment. She has already received 4 payments totaling $3552.00. $8,888.00 minus $3552.00 equals $5,336.00 total for the remaining payments. The worker checks the USDA website for the current CCC maximum discount rate and determines it is 10 percent. 100 percent – 10 percent = 90 percent. The worker then multiplies $5,336.00 by .9 to determine the current resource value for the TTPP contract. $5,336.00 x .9 = $4,802.40. c. If the balance of the allotment contract for a tobacco quota owner has been verified as non-salable to an approved financial institution for a lump sum payment: (1) The annual payments received by the quota owner are counted as annual unearned income for the year in which they are received. (2) The annual payments received by the quota grower are counted as annual self-employment income in each year of receipt. Refer to MA-2250, Income. d. If you verify that the balance of the allotment contract has been sold to an approved financial institution by a tobacco quota owner, this is considered a conversion of a resource in the transaction month. If there is any cash payment remaining in the following month it is a countable resource. Any cash payment received from entering into an assignment or successor-in interest contract with an approved financial institution by a tobacco quota grower or those who rent the land is considered net earned self-employment income for the year in which the assignment or contract was completed. Refer to MA-2250, Income. Since each contract must meet the TTPP guidelines, the cash received is considered fair market value for the installment payments, and would not require an evaluation for a Transfer of Assets. Follow these steps for tobacco quota owners/growers who have entered into an assignment or completed a successor-in-interest contract to receive lump sum cash payment from an approved financial institution for the tobacco transition installment payments. (1) Verify that the Commodity Credit Corporation approved the assignment by obtaining a copy of CCC assignment form from the a/b or financially responsible person or by contacting the local USDA office. To verify a successor-in-interest contract, if a copy is not available from the a/b or financially responsible person, contact the National Tobacco Processing center at 1-800-673-2331. (2) Determine the parties involved, the amount assigned, and obtain a copy of the third party agreement between the a/b or financially 39