S Tax Refunds – Federal
 
(07/01/11 –09/30/11)
Federal tax refunds are NOT countable as a resource in the month of receipt and the 12 months after the month of receipt.
 
NOTE This policy also applies to all Federal tax refunds received during the calendar year of 2010.
 
Key OX on the LIQUID ASSETS screen in AZTECS.
 
For treatment as income, see Tax Refunds - Unearned Income