Unearned Income - When Received 400-28-65-10-50

(Revised 10/1/11 ML #3278)

View Archives

NDAC 75-02-01.3-07

All nonexempt unearned income shall be considered to be available in the month in which it is normally received. Unearned income is usually received at fixed intervals and at regularly scheduled dates.

Note: When the receipt of regular unearned income varies because of weekends or holidays, the unearned income must continue to be counted in the month it would have normally been received or considered available had there not been a weekend or holiday. Example #1: Unearned income normally received on the first day of January is paid prior to January 1, due to the holiday. This income should be budgeted as received in January. Example #2: Unearned income normally paid on December 31 is paid after January 1. This income should be considered as received in December.

Unearned income received on an irregular basis is counted in the month it is actually received.

Unearned income held at the request of an individual shall be considered as income in the month normally received.