C Flex Credits Example 1
 
John applies and is interviewed on April 30. He provides the following pay stubs:
 
Date Paid
Hours
Gross Amount
04/03
40
$420
04/10
40
$420
04/17
40
$420
04/24
40
$420
 
John receives a flex credit in the amount of $120 on each of his pay stubs. John states during the interview he receives cash for the flex credit and it is added to his gross pay.
 
Key the following on EAIC:
 
INC TYPE: WA
FREQ: WK
NUMBER OF PERIODS
PERIOD
DATE PAID
HOURS
HR. RATE
GROSS AMOUNT
01
04/03
40.00
 
300.00
02
04/10
40.00
 
300.00
03
04/17
40.00
 
300.00
04
04/24
40.00
 
300.00
 
NOTE The flex credit must be subtracted from the gross pay and budgeted as countable income on a separate income screen.
 
For the flex credit, key the following on a separate EAIC screen:
 
INC TYPE: WA
FREQ: WK
NUMBER OF PERIODS
PERIOD
DATE PAID
HOURS
HR. RATE
GROSS AMOUNT
01
04/03
40.00
 
120.00
02
04/10
40.00
 
120.00
03
04/17
40.00
 
120.00
04
04/24
40.00
 
120.00