Projecting Income Example 1 (STA)
 
Alfred applies and is interviewed on 01/20.
 
Verification of his income is received. Verification includes a statement that income will increase to $200 weekly beginning 01/13.
 
For January, budget the known income received and the expected income for the remainder of the month. Project the income based on the verification provided.
 
Date Paid
Hours
Gross Amount
01/06
14.5
$145
01/13
20
$200
01/20
20
$200
01/27
20
$200
 
Do not use the 12/23 or 12/30 checks because a change in income is expected and verified.
 
For February and ongoing benefit months, project the income change at $200 per week because it is expected and verified as ongoing.
 
Date Paid
Hours
Gross Amount
02/03
20
$200
 
Convert the income. Key the amount on STAA.