FAA4.I Earned Income (EAIN EAIC) : 05 Earned Income Verification - Overview : E Contract Income Verification
Contract Income Verification
 
(01/01/20 – 12/31/20)
When verifying contract income, use one of the following sources of verification:
 
●A copy of the contract
 
NOTE When the contract does not provide enough information, clarify the income details with the participant or employer.
 
●Collateral contact to the employer
●Participant's statement when no other verification can be obtained, and the participant’s statement is not questionable
 
Verify all the following for contract income:
 
●Name of the employer or source of income
●Contract employee's name
●Period the contract is intended to cover
●Period the employee is expected to work
●How much income the participant receives for the contract
●Frequency in which the income is paid
●Whether the contract is the participant’s primary source of income
●Whether the contract income represents the participant’s annual income
 
When contract income is received hourly or on a piecework(g) rate, other sources of verification may be needed, such as, but not limited to, pay stubs and employer's printout.
 
Budget contract income according to the policy and procedures in Budgeting Contract Income.