Income inclustions Flashcards
Adoption Asistance
Up to an amount equal to the current Dependent deduction. Enter full amount and the software must limited the amount to the current dependent decution which $480.00 in 2024.
Alimony
Include Payments received from person persons not residing in the unit.
Annuities
Regular periodic payments from annuities are counted in calculating yearly income.
Child support
If a family previously received child support but claims it hasn’t been paid, they must provide a witnessed or notarized self-certification and evidence of their legal pursuit of child support.
Educational Financial Assistance
Calculate annual income, considering educational and financial assistance for tuition and fees, unless the student is the head of the household, the code head of the household, or the spouse, and is at least 23 years old with a dependent child.