Obsolete per IM-01 January 3, 2023
IM-169 December 15, 2020; IM-162 October 10, 2019; IM-40 May 1, 2012
13 CSR 40-2.050 defines earned income as income in cash or kind currently earned as wages, salary, commissions, or profits from any business in which the participant engages as a self-employed person or employee, with responsibilities that require his/her continuing activity. Possible sources of EARNED INCOME include but are not limited to:
Wages-(including the amount of any garnishment);Tips ;Boarders or lodgers;Income or earnings from self-employment , sale of plasma , sale of business products, child care self-employment , and self-employment from sale of farm or garden products;Compensation in lieu of wages , such as working off the rent;Americorps National Civilian Community Corps (NCCC) stipends (Americorps income excluded)Rental property ;
Possible sources of UNEARNED INCOME include but are not limited to:
Interest incomeProperty rentalIncome from stocks, bonds, investments, trustsBenefits received under Social Security Programs, such as Social Security Survivor benefits, Social Security Disability, or Social Security Retirement.Retirement pensions from industryUnemployment compensation paymentsAnnuitiesRailroad retirement benefitsContributions from relatives, friends, churches, clubs, etc., that are given directly to the participant or familyReal or personal property when sold on a time payment plan. The unpaid balance does not cause ineligibility. Consider the down payment (if any) as cash, but include time payments as income.Aliens with sponsors. Income received from sponsors is to be counted in its entirety.Grants and scholarships for graduate students available for living expenses (grants and scholarships minus school expenses).
NOTE: This does not apply to undergraduate students. (Refer to 1805.030.20.10 Income Excluded Under MAGI)
Allotments including:Military Allotments;Community Spouse Allotments;Minor/Dependent Allotments; andMinor Living Outside Household Allotments.
Military RetirementDisability benefitStrike benefitsLottery/Gambling incomeIncentive payments to encourage activityRepresentative payee payments not given to the beneficiaryNotes receivableNon bona fide loansNursing home insurance income