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Nevada Division of Welfare and Supportive Services Energy Assistance Program Manual

Income earned in a foreign currency, such as Canadian dollars or Mexican pesos, must be converted to U.S. dollars in order to know what the actual earned income is. Use the exchange rate on the last day of the budget month, unless there is a dramatic change in the foreign exchange rate impacting the amount of the earnings. Count the gross amount of all wages (including meals when included in the taxable gross income), salaries, and commissions as earned income. Do not reduce the gross income by voluntary or involuntary deductions such as child support, childcare, insurance premiums, judgments, garnishments, federal taxes, etc. Evaluate paycheck stubs for irregular income such as bonus pay, holiday pay, etc. Deduct the following from gross earned income before applying the income test: I. reimbursement for travel expenses noted on an employee paycheck stub; and II. uniform expenses noted on an employee paycheck stub. III. EITC (Earned Income Tax Credit) received with wages from an employer. The cash value of an in-kind benefit the household receives in exchange for performing work for the provider is budgeted as earned income. Income earned in a foreign currency, such as Canadian dollars or Mexican pesos, must be converted to U.S. dollars to determine the actual earned income. Use the exchange rate on the last day of the budget month, unless there is a dramatic change in the foreign exchange rate impacting the amount of the earnings. B. Unearned Income Income received without performing work-related activities. This includes benefits from other programs. I. Unearned Income Deductions The only deductions allowed from unearned income are Medicare premiums part B and/or part D from a Social Security check. C. Actual Income Income a household member has received. D. Income In-Kind Income in-kind describes a working situation where no money changes hands. The household member may barter or perform a service in exchange for goods, e.g., rent, food, transportation, payment of a bill on the household’s behalf, etc.

E. Projected Income Income expected to be received. Prospective eligibility and/or budgeting is always applied to future benefit months based on verified or best available data for income/household circumstances anticipated (projected) to exist. MTL 01/24 June 25, 2024 - 2 - Section 700 – Income