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 income
- Property rental
- Income from stocks, bonds, investments, trusts
- Benefits received under Social Security Programs, such as Social Security Survivor benefits, Social Security Disability, or Social Security Retirement.
- Retirement pensions from industry
- Unemployment compensation payments
- Annuities
- Railroad retirement benefits
- Contributions from relatives, friends, churches, clubs, etc., that are given directly to the participant or family
- Real 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; and
- Minor Living Outside Household Allotments.
- Military Retirement
- Disability benefit
- Strike benefits
- Lottery/Gambling income
- Incentive payments to encourage activity
- Representative payee payments not given to the beneficiary
- Notes receivable
- Non bona fide loans
- Nursing home insurance income