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If Mike were planning to withdraw $100 monthly from his IRA in the next 12 months, the $100 he plans to receive monthly from the IRA is counted as income. He should report this income on his SeniorCare application and it should be budgeted. 33.6.8 Other Income Examples of other income are: • Allocated income from a spouse who is a Medicaid member (see SECTION 33.6.8.1 ALLOCATED INCOME FROM A MEDICAID MEMBER SPOUSE) • Child support (see SECTION 15.4.14 CHILD SUPPORT) • Federal farm subsidy (see SECTION 33.6.8.2 FARM SUBSIDY) • Gifts (see SECTION 15.4.6 GIFTS) • Profit sharing (see SECTION 15.4.15 PROFIT SHARING), • Sick/disability benefits (see SECTION 15.4.2 SICK BENEFITS) • Rental income (see SECTION 33.6.8.3 RENTAL INCOME) • Unemployment compensation (see SECTION 15.4.3 UNEMPLOYMENT COMPENSATION) • Veterans disability payments (see SECTION 33.6.8.4 VETERANS DISABILITY) 33.6.8.1 Allocated Income From a Medicaid Member Spouse A SeniorCare applicant whose spouse is a Medicaid member living outside the home (e.g., in a nursing home) must report the spousal income allocation amount (see SECTION 18.6 SPOUSAL IMPOVERISHMENT INCOME ALLOCATION) as income. Example 3 Betty is a Medicaid member and in a nursing home. She is allowed to allocate up to $1,000 to her spouse, Carl, according to the notice she receives. Betty only actually has $650 available, and of that, $55 is set aside as her personal needs allowance. The $595 per month that she allocates to Carl would be counted as unearned income for Carl. He would report $7,140 as “Other Income” on his SeniorCare application. A SeniorCare applicant whose spouse is a Medicaid member living in the home (e.g., a community waivers participant) should not report income that is allocated to them. The allocated amount must be included in the income estimate for the Medicaid member spouse because they are living in the home. 33.6.8.2 Farm Subsidy A SeniorCare applicant must report anticipated farm subsidy payments. A SeniorCare applicant must also report payments from CREP, a program where the landowner is paid to install conservation practices for a period of 10–15 years. 33.6.8.3 Rental Income All expected rental income will be budgeted for SeniorCare. Annual operating expenses should be deducted from the annual amount of gross rental income. Operating expenses include ordinary and necessary expenses, such as insurance, utilities, taxes, advertising for tenants, and repairs. Repairs include expenses, such as repainting, fixing gutters or floors, plastering, and replacing broken windows. Refer to SECTION 33.6.6.1 RENTAL INCOME if rental income is reported to the IRS as self-employment income. 33.6.8.4 Veterans Benefits Veterans benefit payments should be reported as income.