FAA4.I Earned Income (EAIN EAIC) : 05 Earned Income Verification - Overview : C New Source of Income Verification
New Source of Income Verification
 
(01/01/18 –12/31/18)
Consider income to be from a new source, when either of the following apply:
 
●The participant is conducting work for the first time for the source
●The participant is rehired by a terminated source
 
WARNING
The following scenarios are not considered new sources of income:
●The participant changes jobs but works for the same employer.
●The participant is on a leave of absence and returns.
●The participant is on maternity leave and returns.
 
Verify all the following, when the participant reports a new source of income:
 
●Name, address, phone number of the source
●Date the participant first received or expects receiving the income
●Day of the week paid, and dates income is received and scheduled to be received
●Pay period end dates
●Gross amount of income received, and amounts expected to be received
●Hourly wage
●Hours worked and expected to be worked
●Extra income, such as bonuses, tips, overtime
 
To budget a new source of income, See Budgeting Income ‑ Overview.
 
EXCEPTION
When a change of a new source of income is reported during the approval period, and the change causes a decrease, see Effecting Changes.