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<br />Initial 12-Month Exclusion <br /> During the initial 12-month exclusion period, the full amount (100 percent) of any increase in <br />income attributable to new employment or increased earnings is excluded. The 12 months are <br />cumulative and need not be consecutive. <br />SAHA Policy <br /> <br />The initial EID exclusion period will begin on the first of the month following the date an <br />eligible member of a qualified family is first employed or first experiences an increase in <br />earnings. <br />Second 12-Month Exclusion and Phase-In <br /> During the second 12-month exclusion period, the exclusion is reduced to half (50 percent) of <br />any increase in income attributable to employment or increased earnings. The 12 months are <br />cumulative and need not be consecutive. <br />Lifetime Limitation <br /> The EID has a four-year (48-month) lifetime maximum. The four-year eligibility period begins <br />at the same time that the initial exclusion period begins and ends 48 months later. The one-time <br />eligibility for the EID applies even if the eligible individual begins to receive assistance from <br />another housing agency, if the individual moves between public housing and Section 8 <br />assistance, or if there are breaks in assistance. <br />SAHA Policy <br /> <br />During the 48-month eligibility period, SAHA will schedule and conduct an interim <br />his/her prequalifying income, when one of the exclusion periods ends, and at the end of the <br />lifetime maximum eligibility period). <br />6-I.F.BUSINESS INCOME \[24 CFR 5.609(b)(2)\] <br /> <br />Expenditures for business expansion or amortization of capital indebtedness shall not be used as <br />deductions in determining net income. An allowance for depreciation of assets used in a business <br />or profession may be deducted, based on straight line depreciation, as provided in Internal <br />Revenue Service regulations. Any withdrawal of cash or assets from the operation of a business <br />or profession will be included in income, except to the extent the withdrawal is reimbursement of <br /> <br />9(b)(2)\]. <br />Business Expenses <br />-19\]. <br />SAHA Policy <br /> <br />To determine business expenses that may be deducted from gross income, SAHA will use <br />current applicable Internal Revenue Service (IRS) rules for determining allowable <br />business expenses \[see IRS Publication 535\], unless a topic is addressed by HUD <br />regulations or guidance as described below. <br />Page 6-10 <br />04/01/14 <br /> <br />