Page 561

West Virginia Income Maintenance Manual Chapter 4

West Virginia Income Maintenance Manual Page 89 Chapter 4 Income

Deduction above. The total deduction given for shelter and/or expense of doing business must not exceed the actual expense. • Advertising costs • Utilities • Office expenses, (i.e., stamps, stationery, etc.) • Legal costs • Net Loss from self-employment farming. Do not deduct the following: • Federal, State, or local income taxes • Money set aside for retirement • Travel from home to a fixed place of business and return • Depreciation • Amounts claimed as a net loss, except loss from farming self-employment. ➢ Rental Income Deductions In addition to the deductions listed in item A above, the following expenses are deducted from rental income: • Utility bills paid for tenants • Property tax and insurance on the rental property • Repair and upkeep of the property • Interest and principal on necessary purchases made in installments, such as the purchase of a new furnace ➢ Deductions from Boarder Income When the household is not a commercial boarding house, the deduction for the cost of doing business is: • The documented cost of providing rooms and meals, if the cost exceeds the maximum SNAP allotment equal to the number of boarders. However, this amount cannot exceed the actual payment the AG receives from the boarder; or • The maximum SNAP allotment for the number of boarders. NOTE: The following deductions apply to both business and non-business rental income even when the non-business rental income is counted as unearned income.

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Page 561

Official source

West Virginia Income Maintenance Manual Chapter 4

West Virginia Income Maintenance Manual Page 89 Chapter 4 Income

Deduction above. The total deduction given for shelter and/or expense of doing business must not exceed the actual expense. • Advertising costs • Utilities • Office expenses, (i.e., stamps, stationery, etc.) • Legal costs • Net Loss from self-employment farming. Do not deduct the following: • Federal, State, or local income taxes • Money set aside for retirement • Travel from home to a fixed place of business and return • Depreciation • Amounts claimed as a net loss, except loss from farming self-employment. ➢ Rental Income Deductions In addition to the deductions listed in item A above, the following expenses are deducted from rental income: • Utility bills paid for tenants • Property tax and insurance on the rental property • Repair and upkeep of the property • Interest and principal on necessary purchases made in installments, such as the purchase of a new furnace ➢ Deductions from Boarder Income When the household is not a commercial boarding house, the deduction for the cost of doing business is: • The documented cost of providing rooms and meals, if the cost exceeds the maximum SNAP allotment equal to the number of boarders. However, this amount cannot exceed the actual payment the AG receives from the boarder; or • The maximum SNAP allotment for the number of boarders. NOTE: The following deductions apply to both business and non-business rental income even when the non-business rental income is counted as unearned income.