40 Tex. Admin. Code § 48.2903 - Determination of Countable Income
Countable income is determined by totalling gross income from all the following sources, less all applicable exclusions and exemptions. Applicable exclusions/exemptions are specified in § 48.2904 and § 48.2905 of this title (relating to Income from Excludable Sources and Income from Exempt Sources).
(1) Total gross earnings. This includes
money, wages, commissions, tips, piece-rate payments, cash bonuses, or salary
received for work performed as an employee. This also encompasses pay for
members of the armed forces (including allotments from any armed forces pay
received by a member of the family group from a person not living in the
household).
(2) Self-employment
income (including farm income). For earned income to be considered
self-employment, either the client or spouse must be actively involved or
materially participating in producing the income.
(3) Social security and railroad retirement
benefits.
(4) Dividends. This
consists of dividends from stocks or membership in associations, and periodic
receipts from estates of trust funds. These payments are averaged over a
12-month period.
(5) Rental income.
This includes payments to the individual from the rent of housing, store, or
other property, as well as from boarders or lodgers.
(6) Net income derived from oil, gas, or
mineral rights. This can include both lease and royalty payments. These
payments are averaged over a 12-month period.
(7) Income from mortgages or
contracts.
(8) Public assistance or
welfare payments. Temporary Assistance to Needy Families, Supplemental Security
Income, and general assistance (cash payments from a county or city) are
included.
(9) Veterans' pensions
and compensation checks. This may include money paid periodically by the
Veterans Administration to disabled members of the armed forces or to survivors
of deceased veterans, subsistence allowances paid to veterans for education and
on-the-job training, and refunds paid to ex-servicemen as GI insurance
premiums.
(10) Educational loans,
grants, fellowships, and scholarships.
(11) Unemployment compensation. Unemployment
compensation may be received from government employment insurance agencies or
private companies during periods of unemployment, and includes any strike
benefits received from union funds.
(12) Workers compensation and disability
payments. This includes compensation received periodically from private or
public insurance companies for injuries incurred at work.
(13) Alimony.
(14) Regular monthly cash support payments
from friends or relatives.
(15)
Pensions, annuities, and irrevocable trust funds. Payments may be paid to a
retired person or his survivors by a former employer or by a union, either
directly or through an insurance company. Periodic payments from annuities,
insurance, irrevocable trust fund payments, and civil service pensions are
included.
(16) Income from the
client's share of a life estate.
Notes
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