FAA4.H Unearned Income (UNIN UNIC) : 03 Types of Unearned Income - Overview : I Cash Gifts
Cash Gifts
 
REVISION 46
(01/01/18 - 12/31/18)
Cash gifts are budgeted as unearned income as follows:
 
●Nonrecurring cash gifts, when the total of the cash gifts received in a calendar quarter(g) exceeds $30, are countable as income in the month received.
Key the GI NS Unearned Income Code in the INC TYP field on UNIC.
●Nonrecurring cash gifts are not countable as income in the month received when the total of the cash gifts does not exceed $30 in a calendar quarter.
Key the GI SP Unearned Income Code in the INC TYP field on UNIC.
●Recurring cash gifts are countable in the month received and in ongoing months. (See Prorating Income and Converting Income)
Key the GI NS Unearned Income Code in the INC TYP field on UNIC.
 
EXCEPTION
Do not count cash gifts exchanged between participants within the budgetary unit.
 
NOTE A cash gift may be made to the entire budgetary unit and not designated to a specific participant. When this occurs, divide the cash gift among the participants in a manner that is to the best advantage of the budgetary unit.
 
EXCEPTION
Cash gifts are not countable as income for Pascua Yaqui Tribal TANF. For NA, key the following Unearned Income Code in the INC TYPE field on UNIC:
●OF for cash gifts that are countable
●OX for cash gifts that are not countable