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Administrative Plan -Table of Contents <br />Chapter 6 <br />INCOME AND SUBSIDY DETERMINATIONS <br />\[24 CFR Part 5, Subparts E and F; 24 CFR 982\] <br />PART I: ANNUAL INCOME ............................................................................................... 6-1 <br />6-I.A. Overview ................................................................................................. 6-1 <br />6-I.B. Household Composition and Income ...................................................... 6-2 <br />Summary of Income Included and Excluded by Person ................... 6-2 <br />Temporarily Absent Family Members .............................................. 6-3 <br />Family Members Permanently Confined for Medical Reasons ........ 6-3 <br />Joint Custody of Dependents ............................................................ 6-4 <br />Caretakers for a Child ....................................................................... 6-4 <br />6-I.C. Anticipating Annual Income .................................................................. 6-5 <br />Basis of Annual Income Projection .................................................. 6-5 <br />Projecting Income ............................................................................. 6-6 <br />6-I.D. Earned Income ........................................................................................ 6-6 <br />Types of Earned Income Included in Annual Income ...................... 6-7 <br />Types of Earned Income Not Counted in Annual Income ............... 6-7 <br />6-I.E. Earned Income Disallowance for Persons with Disabilities <br />\[24 CFR 5.617\] ....................................................................................... 6-9 <br />Eligibility .......................................................................................... 6-9 <br />Calculation of the Disallowance ....................................................... 6-9 <br />6-I.F. Business Income \[24 CFR 5.609(b)(2)\] ................................................ 6-10 <br />Business Expenses .......................................................................... 6-10 <br />Business Expansion ........................................................................ 6-11 <br />Capital Indebtedness ....................................................................... 6-11 <br />Negative Business Income .............................................................. 6-11 <br />Withdrawal of Cash or Assets from a Business .............................. 6-11 <br />Co-owned Businesses ..................................................................... 6-11 <br />6-I.G. Assets \[24 CFR 5.609(b)(3) and 24 CFR 5.603(b)\] ............................. 6-12 <br />Overview ......................................................................................... 6-12 <br />General Policies .............................................................................. 6-12 <br />Types of Assets ............................................................................... 6-15 <br />6-I.H. Periodic Payments ................................................................................ 6-18 <br />Periodic Payments Included in Annual Income .............................. 6-18 <br />Lump-Sum Payments for the Delayed Start of a <br />Periodic Payment ............................................................................ 6-19 <br />Treatment of Overpayment Deductions from <br />6-19 <br />Periodic Payments Excluded from Annual Income ........................ 6-19 <br />6-I.I. Payments In Lieu of Earnings............................................................... 6-20 <br />6-I.J. Welfare Assistance ............................................................................... 6-20 <br />Overview ......................................................................................... 6-20 <br />Sanctions Resulting in the Reduction of Welfare Benefits <br />\[24 CFR 5.615\] ............................................................................... 6-20 <br /> <br />Page 8 <br />04/01/14 <br /> <br />