Actual Income- Overview
 
(01/01/18 - 12/31/18)
When income is received with no established frequency or the frequency is unpredictable, the income is budgeted as actual.
 
NOTE When the frequency of the income can be reasonably expected, convert the income to a monthly amount. (See Example Actual Income 1)
 
Request, verify, and review the participant’s income received during the prior 30-day period to determine the income that is reasonably certain to be received during the approval period. (See Income Verification)
 
Income that is budgeted as actual includes, but is not limited to, the following:
 
Income received or expected to be received each day, such as day labor, is considered daily wages. Key AC in the FREQ field on EAIC or UNIC. (See Example Actual Income 2)
Income received or expected to be received for less than a full month’s pay is budgeted as actual in the month the income is received. Key AC in the FREQ field on EAIC or UNIC. This includes the following:
Income received or expected to be received occasionally, irregularly or infrequently is considered occasional income, on-call, or odd jobs. Key OC in the FREQ field on EAIC or UNIC. AZTECS does not average and convert income received occasionally.
Income received or expected to be received regularly once a month. Key MO in the FREQ field on EAIC or UNIC. AZTECS does not average and convert monthly income.
 
WARNING
Documentation must support determinations of eligibility and benefit level. Document in sufficient detail to ensure that any reviewer can assess whether the determination is reasonable and accurate. Include specific information regarding the reason the income is determined to be normal. (See Income Documentation Requirements)