ALASKAN NATIVES (MAM)

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The tax-exempt portions of payment made under the Alaskan Native Claims Settlement Act (P.L. 92-203).

Cash distributions, that do not exceed $2,000 per individual per year, from a native corporation formed under the Alaska Native Claims Settlement Act (Section 15, P.L. 100-241).

Treatment: Excluded Income by federal mandate.

Distributions from Alaska Native Corporations and Settlement Trusts.

Treatment: Excluded Income for the MAGI-related categories of assistance only.

Distributions from any property held in trust, subject to Federal restrictions, located within the most recent boundaries of a prior Federal reservation, or otherwise under the supervision of the Secretary of the Interior.

Treatment: Excluded Income for the MAGI-related categories of assistance only.

Distributions and payments from rents, leases, rights of way, royalties, usage rights, or natural resource extraction and harvest from:

• Rights of ownership or possession in any lands held in trust, subject to Federal restrictions, located within the most recent boundaries of a prior Federal reservation, or otherwise under the supervision of the Secretary of the Interior; or

• Federally protected rights regarding off-reservation hunting, fishing, gathering, or usage of natural resources.

Treatment: Excluded Income for the MAGI-related categories of assistance only.

Distributions resulting from real property ownership interests related to natural resources and improvement:

• Located on or near a reservation or within the most recent boundaries of a prior Federal reservation; or

• Resulting from the exercise of federally-protected rights relating to such real property ownership interests.

Treatment: Excluded Income for the MAGI-related categories of assistance only.

Payments resulting from ownership interests in or usage rights to items that have unique religious, spiritual, traditional, or cultural significance or rights that support subsistence or a traditional lifestyle according to applicable Tribal Law or custom.

Treatment: Excluded Income for the MAGI-related categories of assistance only.

Student financial assistance provided under the Bureau of Indian Affairs education programs.

Treatment: Excluded Income for the MAGI-related categories of assistance only.

References: 42 CFR 435.603