The following are types of partially excluded unearned income:
Rental Income
- Count Rental Income as unearned income if the individual is not directly engaged in management of property
- Disregard costs such as:
- Property taxes or insurance
- Interest payments on the mortgage or second mortgage
- Incidental repairs
- Advertising
- Landscaping
- Utilities
Irregular Unearned Income
- Disregard the first $30 of income received by each household member in any calendar quarter if:
- The income is not received more than once a calendar quarter from a particular source OR
- The person cannot reasonably expect to receive the income again
- If infrequent or irregular income is received from different sources in a calendar quarter exclude $30 in total