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MEDICAL MEDICAL MEDICAL MEDICAL MEDICAL MEDICAL MEDICAL

INCOME TYPE DESCRIPTION

E-30014 Division of Welfare and Supportive Services TYPES OF EARNED AND UNEARNED INCOME Medical Assistance Manual

17 Sep 01 MTL 05/17 DEATH BENEFITS (Cont’d)

MAGI Exception: Interest earned on payments received via installment (i.e. Annually, Quarterly, Monthly, etc.) are taxable and countable in MAGI budgeting. (see income type INTEREST/DIVIDENDS.

Verification: ( not all inclusive)

- Copy of life insurance - Award letter from SSA, RR, VA - Copy of Will - Statements from individuals giving money to the client - Bills and/or receipts - Contact with provider DISABILITY

1. Unearned

2. Counted in Financial

3. Counted in Patient Liability

4. Taxable Benefits for disability received from a business, agency or organization.

Verification: (not all inclusive)

- Statement from agency or business establishment. - Form 2339 DISMISSAL PAY

1. Earned

2. Counted in Financial

3. Counted in Patient Liability

4. Taxable Final pay from an employer.

Verification: (not all inclusive)

- Copy of check - Statement from the employer, Form 2074 EARNINGS

1. Earned

2. Counted in Financial

3. Counted in Patient Liability

4. Taxable Income received through employment and/or tips.

Verification: (not all inclusive)

- Copy of check - Tip records - Statement from employer, Form 2074