CHILD CARE MANUAL

2010.045.10.10 Resource Payments

The following are considered resources and not considered when determining income.

  1. Money from the sale of property, such as stocks, bonds, a house, or a car (unless the person was engaged in the business of selling such property in which case the proceeds are counted as income from self-employment.)
  2. Withdrawals of bank deposits.
  3. Capital gains, the profit resulting from the sale of capital investments such as stocks, real estate, etc. (unless the person was engaged in the business of selling such property in which case the proceeds are counted as income from self-employment.)
  4. Non-recurring lump sum payments.