Calculating Income and Benefit Level 430-05-60-05

(Revised 01/01/04 ML2893)

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Calculating Income

To determine the household’s total countable income add the monthly countable gross earned income (including self-employment income) of all household members, minus the 20% deduction, to the monthly unearned income of all household members.

 

Calculating Net Adjusted Income

To determine a household’s net adjusted income subtract the allowable deductions from the total countable income. The following deductions are allowed:

Farm loss offset

• Standard deduction based on counting only eligible household members in determining household size.
• 1 through 4 person household - $134.00
• 5 person household - $149.00
• 6+ person household - $171.00
• Medical costs over $35 for elderly/disabled household members.
• Dependent care costs (not to exceed the authorized limit)
• Child support paid to a non-household member
• Excess shelter costs

 

Calculating Benefit Level

To determine the household’s benefit level, subtract 30% of the net adjusted income from the Thrifty Food Plan for the appropriate household size.

 

THRIFTY FOOD PLAN

H.H. Size	Amount	H.H. Size	Amount
1	$141	5	$560
2	259	6	672
3	371	7	743
4	471	8	849
		Each Additional Member	+106