FAA4.B Liquid Assets (LIAS) : 03 Liquid Asset Types - Overview : P Lump Sum Resources
Lump Sum Resources
 
(02/01/16 – 03/31/16)
Lump sum payments are countable as a resource.
 
Key lump sums on LIAS using the LS Liquid Assets Code.
 
EXCEPTION
When a payment is received that combines the lump sum payment with the normal ongoing payment, key the portion of the normal ongoing payment using the appropriate income code of that source of income. See Example Lump Sum