Md. Code Regs. 10.09.11.08

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Current through Register Vol. 51, No. 25, December 13, 2024

Section 10.09.11.08 - Consideration of Family Income:Earned and Unearned Income

A. Earned income includes the following:

(1) Wages, including sick or severance pay;

(2) Commissions and fees;

(3) Salaries and tips;

(4) Profit from self-employment income, as described in Regulation .09A(3)(a) of this chapter;

(5) Income earned by a migrant worker; and

(6) The Earned Income Tax Credit (EITC).

B. Unearned income includes the following:

(1) Benefits and income from:

(a) Social Security,

(b) Veterans' Administration,

(c) Workers' Compensation,

(d) Black Lung or Agent Orange benefits,

(e) Railroad Retirement,

(f) Government, private, or company pensions and annuities,

(g) Unemployment Insurance,

(h) Payments from oil or mineral rights (leases),

(i) Government payments on land,

(j) Insurance benefits paid directly to an individual,

(k) Trust funds,

(l) Individual retirement accounts (IRAs),

(m) Keough plans, and

(n) Military allotments;

(2) Alimony or court-ordered and voluntary child support payments received from an absent spouse, or an absent natural or adoptive parent;

(3) Loan repayments made to the applicant or family member including, but not limited to, mortgage payments;

(4) Lump-sum benefits or other amounts of income received on a one-time-only basis;

(5) Profit from rental income as described in Regulation .09A(3)(b) of this chapter;

(6) Cash assistance received from nongovernmental social service agencies greater than $300 per quarter; and

(7) Sick pay which does not count as earnings for deduction purposes under Title II of the Social Security Act;

C. Any income which is not countable as earned income under §A of this regulation or as unearned income under §B of this regulation is considered excludable income as defined under Regulation .02B of this chapter.

Md. Code Regs. 10.09.11.08

Regulations .08 adopted as an emergency provision effective July 1, 1998 (25:15 Md. R. 1182); adopted permanently effective November 30, 1998 (25:24 Md. R. 1773)
Regulation .08A, B amended effective April 19, 2010 (37:8 Md. R. 615)