106 CMR, § 365.930 - Special Income Considerations
(A)
Income from Rental Property.
(1) The cost of doing business is always
allowed, regardless of whether the income is classified as earned or
unearned.
(2) Income from rental
property is considered earned income and entitles the household to the earned
income deduction only if a member of the household is actively engaged in the
management of the property at least an average of 20 hours per week.
(B)
Capital Gains as
Income. The proceeds from the sale of capital goods or equipment
related to the business is included when determining self-employment income.
Even if only 50% of the proceeds from the sale of capital goods or equipment is
taxed for federal income tax purposes, the full amount of the capital gain
shall be counted as income for SNAP purposes.
Notes
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