615 BUDGETING: Independent Living, RCF, CR, QMB, QDWI, SLMB, SLMB135, and SLMB175 SR 00-12, 10/00 (AAM-A)

Use the following steps to compute income for assistance groups requesting or residing in:

. independent living,

. residential care facility,

. community residence, and

. QMB, QDWI, SLMB, SLMB135, and SLMB175.

1. Subtract the earned income disregard from individual or combined gross earned income in accordance with Section 603.01, Earned Income Disregard, to obtain net income

*

2. Add the countable gross unearned income for each individual in the assistance group to the total net earned income calculated in Step 1.

 Exception: Do not count the current year's January cost of living (COLA) increase as unearned income until April 1 for QMB, QDWI, SLMB, SLMB135, and SLMB175 cases who request assistance for January, February or March.

3. Subtract the adult standard disregard.

4. Subtract any allowable deductions. The result is the case net income.

5. Compare net income to the appropriate income limit.

- See Part 617, Grant Determination, when net income is equal to or below the financial assistance income limits for individuals requesting financial assistance.