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Low Income Home Energy Assistance Program Division 10 Service 415 Program 415 Chapters 05 - 65 North Dakota Department of Health and Human Services

To annualize, multiply the amount received in a single payment by the number of times it is received in a 12-month period. Sometimes, payments for farm or other seasonal labor may fit into this category if the laborer is not paid regularly as the work is done. c. Annual employment contracts - These would typically, but not necessarily, apply to employees of a school district. The total amount of income specified in the contract would be included, regardless of the amount received in the current month. d. Business/Farm Income - This would include most business and farm income, as reported on and verified by the most recent tax forms available. To annualize, use the income from the most recent tax form that reduces gross income by the amount of necessary operating expenses. Use this amount regardless of the amount received in the current month. Each business/farm income is to be reported and computed separately. A reported income loss will be revised to zero income before adding to the income of another business or to other sources of annualized income. 2. If the difference between a household member’s income (from a single source) in two consecutive months is $400 or more, or if the household's income in the current month is at or near zero, that member’s income (from that source) would be annualized using a three-month average as follows: a. The income from the month preceding the month of application, b. The income from the month of application, and c. A projection of income for the month following the month of application • If income for the following month is known and verifiable, that income will be used. ("Known and verifiable" can include TANF, Unemployment Compensation, salaries and the like. It can also include the receipt of one paycheck [in the application month] from a new job, provided that it