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DEPARTMENT FOR AGING AND REHABILITATIVE SERVICES AUXILIARY GRANT PROGRAM NON-SSI INCOME SOURCES 07/19 CHAPTER I, PAGE 5
5. Value Of Income 5.1. Cash The value of cash income is generally the amount of the currency or the face value of checks, money orders or electronic fund transfers (EFT) the individual receives. 5.2. Real Or Personal Property Any item of real or personal property an individual receives which he can sell or convert is called “other in-kind income.” The value of other in-kind income is generally equal to its current market value. See the resource chapter that addresses the type of property received to determine the current market value of the item.
6. When Income Is Counted Income is counted at the earliest of the following points: • When it is received; or, • When it is credited to an individual's account; or • When it is set aside for his or her use. Determine countable income monthly and count it in the month it is received. 6.1. Mailing Time/ Date Of Receipt When a payment is mailed, assume that the payment is received 5 days after the mailing date unless the individual alleges a different date, in which case accept any credible allegation. 6.1.1. Exceptions Occasionally, a regular periodic payment (e.g., wages, title II, or VA benefits) is received in a month other than the month of normal receipt. As long as there is no intent to interrupt the regular payment schedule, consider the funds to be income in the normal month of receipt. The most common situations where this applies appear below.