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Child Care Subsidy Policy October 1, 2024 49 5.2.5 Income Not Considered in Determining Eligibility. The following sources of income should be excluded (not counted) in computing the amount of a family’s monthly gross income: 5.2.5.1. Money received from the sale of property such as stocks, bonds, real estate, or automobiles, except money received from the sale of property is counted as income if the person is self-employed or otherwise engaged in the business of selling property. For example, an individual who sub-divides a plot of land and is selling lots for residential or business purposes is considered self-employed as a real estate developer. An individual who consistently offers one or more automobiles for sale is self-employed in the business of automobile sales. 5.2.5.2. Withdrawals of bank deposits. 5.2.5.3. Loans or other money borrowed. 5.2.5.4. Tax refunds. 5.2.5.5. Monetary Gifts received on an infrequent basis, such as those received on birthdays or holidays. 5.2.5.6. Lump sum inheritances or insurance payments. 5.2.5.7. Bonus value of food stamps. 5.2.5.8. Capital gains. 5.2.5.9. The value of USDA donated foods. 5.2.5.10. Payment received under the Uniform Relocation Assistance and Real Properties Acquisition Policy Act of 1970. 5.2.5.11. Earnings from employment or self-employment of a child under 18 years of age. However, if the child is a primary recipient of child care or the spouse of the recipient of child care, his/her earned income will not be excluded from the calculation of family monthly gross income. 5.2.5.12. Grants, scholarships, or work study. 5.2.5.13. Federal insurance undergraduate loans and grants. 5.2.5.14. Home produce used for household consumption. 5.2.5.15. Other assets such as real estate, bank accounts, stocks, and bonds.

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Page 56

Official source

Child Care Subsidy Policy October 1, 2024 49 5.2.5 Income Not Considered in Determining Eligibility. The following sources of income should be excluded (not counted) in computing the amount of a family’s monthly gross income: 5.2.5.1. Money received from the sale of property such as stocks, bonds, real estate, or automobiles, except money received from the sale of property is counted as income if the person is self-employed or otherwise engaged in the business of selling property. For example, an individual who sub-divides a plot of land and is selling lots for residential or business purposes is considered self-employed as a real estate developer. An individual who consistently offers one or more automobiles for sale is self-employed in the business of automobile sales. 5.2.5.2. Withdrawals of bank deposits. 5.2.5.3. Loans or other money borrowed. 5.2.5.4. Tax refunds. 5.2.5.5. Monetary Gifts received on an infrequent basis, such as those received on birthdays or holidays. 5.2.5.6. Lump sum inheritances or insurance payments. 5.2.5.7. Bonus value of food stamps. 5.2.5.8. Capital gains. 5.2.5.9. The value of USDA donated foods. 5.2.5.10. Payment received under the Uniform Relocation Assistance and Real Properties Acquisition Policy Act of 1970. 5.2.5.11. Earnings from employment or self-employment of a child under 18 years of age. However, if the child is a primary recipient of child care or the spouse of the recipient of child care, his/her earned income will not be excluded from the calculation of family monthly gross income. 5.2.5.12. Grants, scholarships, or work study. 5.2.5.13. Federal insurance undergraduate loans and grants. 5.2.5.14. Home produce used for household consumption. 5.2.5.15. Other assets such as real estate, bank accounts, stocks, and bonds.