Budgeting Net Income Documentation Example
The following are examples of what documentation may look like when budgeting the use of net or gross income because income is reduced to repay an overpayment:
●PI states deduction in SSI is to recoup an SSI overpayment. Nothing in the case file makes this questionable. Keyed net income per policy.
●PI states deduction in SSI is to recoup an SSA Retirement overpayment. Nothing in the case file makes this questionable. Both are from the same income source. Keyed net income.
●PI states deduction in SSI is to recoup an SSI overpayment, but document in case file states it is to recoup an overpayment in Veteran’s Income. Explained to PI verification is needed to clarify the reason for the overpayment. Once verified that it is an SSI overpayment, we can budget the lower amount. Keyed gross income and requested overpayment verification.
●PI provided verification that deduction to SSI is for an SSI overpayment. Changed gross income to net income.
●PI does not know the reason for the SSI overpayment. Keyed gross income and requested verification.
●PI did not return verification that the reason for the SSI deduction is due to an SSI overpayment. Confirmed gross income keyed on UNIN.
●PI’s pay stub shows an overpayment deduction. PI identified there was an error on his prior paycheck because he was sick a day and did not have sick pay. He stated this does not happen often.
For NA, budgeted in the month of payment the gross income minus the amount of the overpayment. Dropped the check for ongoing months because it is lower than normal.
For CA, budgeted gross income in the month of payment.