FAA6.N Examples : 25 Earned Income (EAIN/EAIC) Examples : R Actual Income Example 2
Actual Income Example 2
 
Clark applies and is interviewed on 03/17. He provides verification of his daily income.
 
For March and ongoing months, key the following on EAIC:
 
INC TYPE: WA
FREQ: AC
NUMBER OF PERIODS:
PERIOD
DATE PAID
HOURS
HR. RATE
GROSS AMOUNT
01
02/16
4.80
 
20.00
02
02/18
2.50
 
10.00
03
02/23
3.20
 
15.00
04
02/27
3.90
 
17.00
05
03/01
4.10
 
20.00
06
03/07
5.60
 
25.00
07
03/13
3.50
 
15.00
 
Clearly document to explain the method and type of verification used to determine the projected income.
 
When there are more than eight calendar days of income, Manually total the hours and gross income. Key the following on EAIC:
 
INC TYPE: WA
FREQ: AC
NUMBER OF PERIODS:
PERIOD
DATE PAID
HOURS
HR. RATE
GROSS AMOUNT
01
03/17
62.70
 
122.00
DOC: Wages received daily. Received 9 days of wages during income period; keyed total gross income and hours.