Page 602

West Virginia Income Maintenance Manual Chapter 4

West Virginia Income Maintenance Manual Page 130 Chapter 4 Income

➢ Rental Income Deductions In addition to the deductions in Deductions 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, but not the principal, on necessary purchases made in installments, such as the purchase of a new furnace 4.5.4.B Migrant Farm Laborers with Seasonal Employment Income of migrant farm laborers is treated the same as the income of any other applicant or client. 4.5.4.C Annual Contract Employment This section applies to any person employed under a yearly contract, such as school employees, including bus drivers, cooks, janitors, aids, and professional staff. This item does not apply to substitute employees. These individuals have their annual income prorated over a 12-month period. Additional earnings, such as for summer work, are added to the prorated amount during the time additional earnings are received. Although a person may not have signed a new annual contract, he is still considered employed under an annual contract when the contract is automatically renewable, or when he has implied renewal rights. Implied renewal rights are most commonly associated with school contracts. NOTE: This section does not apply during strike and disaster situations when the other party to the contract cannot fulfill it; or, when labor disputes interrupt the flow of earnings specified in the contract.

loading…

Page 602

Official source

West Virginia Income Maintenance Manual Chapter 4

West Virginia Income Maintenance Manual Page 130 Chapter 4 Income

➢ Rental Income Deductions In addition to the deductions in Deductions 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, but not the principal, on necessary purchases made in installments, such as the purchase of a new furnace 4.5.4.B Migrant Farm Laborers with Seasonal Employment Income of migrant farm laborers is treated the same as the income of any other applicant or client. 4.5.4.C Annual Contract Employment This section applies to any person employed under a yearly contract, such as school employees, including bus drivers, cooks, janitors, aids, and professional staff. This item does not apply to substitute employees. These individuals have their annual income prorated over a 12-month period. Additional earnings, such as for summer work, are added to the prorated amount during the time additional earnings are received. Although a person may not have signed a new annual contract, he is still considered employed under an annual contract when the contract is automatically renewable, or when he has implied renewal rights. Implied renewal rights are most commonly associated with school contracts. NOTE: This section does not apply during strike and disaster situations when the other party to the contract cannot fulfill it; or, when labor disputes interrupt the flow of earnings specified in the contract.