Effective Date: November 1, 2021

No Previous Policy

A. Interest or Dividend Income

Taxable interest and ordinary dividends are countable income for CHIP. Non-taxable interest income (such as interest earned on municipal bonds) is also countable and is one of the income types that must be added back to taxable income to calculate MAGI income.

B. Irregular and Infrequent Income

Income received at irregular times from contracts or seasonal employment should be prorated over the certification period and added as income.