F Zero-Pay Example 2

FAA6.N Examples : 26 Earned Income (EAIN/EAIC) Examples : F Zero-Pay Example 2

F Zero-Pay Example 2

John applies and is interviewed 02/05.

John's employer verifies he was on leave and will not receive a check for pay date 02/05 and verified his prior income.

John states the leave will not continue.

Date Paid	Hours	Gross Amount
01/08	40	$400
01/15	40	$400
01/22	40	$400
01/29	40	$400
02/05	0	$0

Key the following on EAIC for February:

INC TYPE: WA		FREQ: WK		NUMBER OF PERIODS: 05
PERIOD	DATE PAID		HOURS	HR. RATE	GROSS AMOUNT
01	01/08		40.00		400.00
02	01/15		40.00		400.00
03	01/22		40.00		400.00
04	01/29		40.00		400.00
05	02/05		0		0

Key the following for ongoing months:

INC TYPE: WA		FREQ: WK		NUMBER OF PERIODS:
PERIOD	DATE PAID		HOURS	HR. RATE	GROSS AMOUNT
01	01/08		40.00		400.00
02	01/15		40.00		400.00
03	01/22		40.00		400.00
04	01/29		40.00		400.00