Effective Date: November 1, 2021
Previous Policy (413-1 was previously found in 401 as of November 1, 2021)
Income is cash (checks, direct deposits, electronic transfers of funds, etc.) received by applicants and enrollees of both earned income and unearned income. In-kind benefits are services or products provided in a form other than cash, such as housing. In-kind benefits are counted only if they are part of the individual's wages from employment and are included as part of the individual's taxable income from earnings. Unearned in-kind benefits do not count as income.
Example: A hotel provides housing for the hotel manager as part of his monthly salary: $1500 wages and $500 in-kind income in the form of housing. The total earned income is $2000. The individual should report $2000 as income, and wage match data should reflect this amount.
We must identify the sources and amounts of an enrollee’s total income using the MAGI-based rules on what income to count to determine the individual's countable household income.