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West Virginia Income Maintenance Manual Chapter 4
West Virginia Income Maintenance Manual Page 6 Chapter 4 Income
made available. There are two methods by which this may be accomplished: by treating the deemor's income as if he were included in the AG or by allowing for the needs of the deemor, as well as the needs of others for whom he is financially responsible to be subtracted from the income, and counting the remaining income for the AG. The appropriate method depends on the relationship between the individuals and the program or coverage group involved. DISQUALIFIED INDIVIDUAL A person who must normally be included in an AG, but who has been excluded due to his failure to comply with a specific program requirement. This person may also be referred to as a SANCTIONED INDIVIDUAL. DISREGARD A portion of income that is not counted when determining countable income. Allowable disregards are different, depending upon the program involved. DIVIDEND A share of profits received by a stockholder, stakeholder, or a policy holder. EARNED INCOME Income of an individual which is derived, at least in part, from compensation for physical or mental activity as part of a trade or business. Earnings include gross income from employment and gross profit from self-employment. EARNED INCOME TAX CREDIT (EITC) An amount by which an individual’s federal income tax obligation is reduced or eliminated. When eligible for the EITC, an individual may receive a federal tax refund which exceeds the original amount withheld or he may receive monthly advance payments. ELDERLY This is also referred to as AGED. Medicaid: An individual who is at least age 65. SNAP and WV WORKS benefits: An individual who is at least age 60. EMPLOYMENT A situation in which a wage, salary or commission is paid to an individual for services rendered. The employer usually takes the responsibility for withholding income taxes and FICA taxes from the wages. However, if this is not done, the employee may pay these taxes himself without affecting his status as an employee. The employer controls such things as hours worked, what is done and where the work is located.