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TANF TANF TANF TANF TANF TANF TANF TANF SNAP SNAP SNAP SNAP SNAP SNAP SNAP SNAP 640.1.2 New Income Source – Without a 30-Day History If the application reflects a new source of income, without a 30-day history, a projected best estimate of the new income must be calculated. Use the following procedures to determine the monthly income amount from a new source of income without a 30-day history. 1. Determine the estimated number of hours to be worked per week. 2. Estimate weekly gross income by multiplying the weekly estimated hours by the hourly wage. 3. Determine the monthly projected gross income by multiplying the estimated weekly gross income by 4.3. Note: If verification substantiates the use of a specific factoring method which is more accurate than multiplying weekly gross income by 4.3, use what will accurately reflect the income to be received. 640.1.2.1 Full Month’s Income Expected to be Received from a New Income Source in the Application Month If a full month’s income is expected to be received in the application month from a new income source, budget the full projected monthly income amount. The projected best estimate will be budgeted to the application month and ongoing benefit months. 640.1.2.2 Less Than a Full Month’s Income Expected to be Received from a New Income Source in the Application Month If less than a full month’s income is expected to be received in the application month, only the income expected to be received in the application month is budgeted. Budget a full projected monthly income amount to the ongoing benefit months. EXAMPLE: Mary applied for SNAP benefits on August 15th and reported she started a new job on August 12th. She is expecting to be paid $10.00 an hour, working 40 hours per week and will be paid bi-weekly on Fridays. She expects to get her first paycheck on August 23rd for her first week (40 hours) in the amount of $400.00. Because a full month’s wages are not expected to be received in the application month, only the wages of $400.00 will be budgeted to the application month of August and a projection of monthly wages based on $10.00 X 40 hours X 4.3 for a total of $1720.00 will be budgeted for September ongoing. A-640.1.2 BUDGETING New Income Source-Without a 30-day History Division of Social Services Eligibility and Payments Manual 11 Aug 25 MTL 10/25