Regulation 40-2.050 defines “earned income” as income in cash or kind currently earned as wages, salary, commissions, or as profits from any business in which the claimant engages as a self-employed person or employee, so long as he has responsibilities which require continuing activity on his/her part.
The following are some of the possible sources of earned income:
- Boarders or lodgers,
- Income or earnings from self-employment,
- Sale of business products,
- Sale of farm or garden products, and
- Income in kind for services rendered.