HUMPHRIES, VALERIE R. - Laserfiche WebLink

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1. Income to be included as anticipated income for reporting purposes: (a) all wages and salaries, overtime pay, commissions, fees, tips and bonuses and either compensation for personal services, before payroll deductions; (b) the net income from the operation of a business or profession or from the rental personal property (without deducting expenditures for business of expansion , amortization of capital indebtedness or any allowance for depreciation of capital assets. (c) interest and dividends (including income from assets excluded below) (d) the full amount of periodic payments received from social security, annuities, insurance policies, retirement funds, pensions, disability or death.. benefits and other types .of periodic receipts, including any lump sum payment for the delayed start of a periodic payment, (e) Payments in lieu of earnings, such as unemployment and disability compensation, workmen's compensation and severance pay; (f) the maximum amount of public assistance available to the above persons other than the amount of any assistance specifically designated for shelter and utilities; (g) periodic and determinable allowances, such as alimony and child support payments and regular contributions and gifts received from persons not residing in the dwelling; (h) all regular pay, special pay and allowances of a member of the Armed Farces (whether or not living in the dwelling) who is the head of the household or spouse; and (i) any earned income tax credit to the extent that it exceeds income tax liability. 2. Items to be excluded from anticipated income are: (a) casual, sporadic or irregular gifts; (b) amounts which are specifically for or in reimbursement of medical expenses; (c) lump sum additions to family assets, such as inheritances, insurance payments (including payments under health and accident insurance and workmen's compensation), capital gains and settlement for personal or property losses; (d) amounts of educational scholarships paid directly to the student or the educational institution, and amounts paid by the government to a veteran for use in meeting the costs of tuition, fees, books and equipment. Any amounts of such scholarships or payments to veterans not used for the above purposes are to be included in income; (e) special pay to a household member who is away from home and exposed to hostile fire; (f) relocation payments under Title 11 of the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1 970; (g) foster child care payments; Exhibit I: 5 of 11