Page 520

West Virginia Income Maintenance Manual Chapter 4

West Virginia Income Maintenance Manual Page 48 Chapter 4 Income

Applicable MAGI Coverage Groups • Adult Group • Children Under Age 19 • Parents/Caretaker Relatives • Pregnant Women • WVCHIP Countable Sources of Income This list is not all inclusive, payments from any source must be evaluated. Please contact the BMS Policy Unit. • Alimony ONLY if the alimony agreements are finalized prior to January 2019 • Census Bureau Income • Net Farming/Fishing • Net Rental Income • Pensions and Annuities • Retirement Accounts and Profit-Sharing Plans • Self-Employment and Business Income • Social Security Benefits • Unemployment Benefits • Wages, Salaries, and Tip Income • Other: o Accrued Leave Payment o Advance Commission o Allowances and Reimbursements o Back Pay Awards o Bartering Income o Bonuses and Awards o Child Care Provider Income o College Work Study Program (this is considered taxable income under IRS rules and therefore cannot be excluded from the MAGI calculation.) o Court Awards and Damages o Disability Pension Plans Paid by Employer o Discharged Student Loan Debt, unless the student is deceased or determined as permanently and totally disabled. EXCEPTION: Alimony is not countable if the divorce or separation agreement is modified after December 31, 2018, and the modification states the alimony or separate maintenance payments are not includable in the income of the receiving spouse.

loading…

Page 520

Official source

West Virginia Income Maintenance Manual Chapter 4

West Virginia Income Maintenance Manual Page 48 Chapter 4 Income

Applicable MAGI Coverage Groups • Adult Group • Children Under Age 19 • Parents/Caretaker Relatives • Pregnant Women • WVCHIP Countable Sources of Income This list is not all inclusive, payments from any source must be evaluated. Please contact the BMS Policy Unit. • Alimony ONLY if the alimony agreements are finalized prior to January 2019 • Census Bureau Income • Net Farming/Fishing • Net Rental Income • Pensions and Annuities • Retirement Accounts and Profit-Sharing Plans • Self-Employment and Business Income • Social Security Benefits • Unemployment Benefits • Wages, Salaries, and Tip Income • Other: o Accrued Leave Payment o Advance Commission o Allowances and Reimbursements o Back Pay Awards o Bartering Income o Bonuses and Awards o Child Care Provider Income o College Work Study Program (this is considered taxable income under IRS rules and therefore cannot be excluded from the MAGI calculation.) o Court Awards and Damages o Disability Pension Plans Paid by Employer o Discharged Student Loan Debt, unless the student is deceased or determined as permanently and totally disabled. EXCEPTION: Alimony is not countable if the divorce or separation agreement is modified after December 31, 2018, and the modification states the alimony or separate maintenance payments are not includable in the income of the receiving spouse.