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S N A P M A N U A L

147 (room and board) will be considered an excludable reimbursement. (DD) Rental Property Income Gross income minus the cost of doing business derived from rental property in which a household member is not actively engaged in the management of the property at least 20 hours a week NOTE: Use the actual cost of doing business. The 40% cost of doing business applies to earned income only. (EE) Representative payee funds received for care and maintenance of non-household member Count portion retained by representative payee for his/her benefit. Exception: Exclude if diverted to non-household member. (FF) Representative Payee Payments Income received by one person (representative payee) for the needs of another person (beneficiary). Count if money is received for a household member or any amount retained by the representative payee for his/her own use.

(GG) Retirement Benefits Monthly payments made to an individual who is retired from work.

(HH) Reverse Mortgage

Income from a loan against the home with no repayment required until the borrower dies or the home is sold. Exclude if there is a verifiable agreement to repay the loan. Count as unearned income if there is no repayment agreement. (II) Royalties Payments made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Income above $400 must be averaged over the period the payments cover and anticipated over the certification period. Up to $400 annually is excluded under SC TANF Policy. (JJ) Severance pay An amount paid to an employee upon dismissal or discharge from employment. If more than one payment is made, count as income. Exception: If payment is made as a non-recurring lump sum, treat as a resource. (KK) Shared living arrangements

NOTE: Proration of shelter costs for households living in the same residence does not necessarily imply an unearned income contribution if these payments are designated as each household's share of expenses. The Agency must verify that a shared living arrangement exists, rather than a