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2131.1 What is "countable income"?
Countable income is the amount left over after:
Eliminating from consideration all items that are not income; and
Applying all appropriate exclusions to the items that are income.
Countable income is determined on a calendar month basis. It is the amount actually subtracted from the FBR to determine your eligibility and to compute your monthly benefit amount. (See §2132.)
2131.2 Why is it important to distinguish earned income from unearned income?
It is important to distinguish earned income from unearned income because not as much earned income is countable.
Last Revised: March, 2001
- How Income is Counted
- What are the earned income exclusions?
- What is earned income?
- Retrospective Monthly Accounting
- Eligible Couples
- Work Expenses of the Blind
- What is unearned income?
- Whose income is counted?
- What is "unearned income"?
- What are unearned income exclusions?
- Impairment-Related Work Expenses
- Income of U.S. Citizen or Resident in Business Outside the U.S.
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