(CD12-33, OEC12-06 dated March 15, 2012)
If the household has been receiving irregular or sporadic earned or unearned income over a period of one (1) year or more, divide the income received over the last twelve (12) months by twelve (12) to arrive at a monthly amount.
If the household has been receiving irregular or sporadic earned or unearned income for a period of less than one (1) year, average the amount of income during this period.
If the household’s current income shows a substantial increase or decrease, a representative period of the irregular or sporadic income should be used to determine the average monthly amount. Arrive at a mutually agreed upon prediction of the current income and expenses with the EU. Ensure the EU understands its reporting requirements. Refer to 1230.045.10 Reporting Changes.