23 Miss. Code. R. 103-1.14 - Income vs Resources
A. It is important
to distinguish between resources and income to know which counting rules to use
for any given month. The same item is not evaluated under two sets of counting
rules for the same month; that is, one item cannot be counted as both income
and a resource in the same month:
B. Income Counting Rules. Items received in
cash or in-kind during a month are evaluated under the income rules.
C. Resource Counting Rules. Items retained
for use in the month following the month of receipt are subject to evaluation
under resource rules, as are all other items not defined as income.
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