Earned Income Calculation Methods

Actual Only: This option is available if there is at least one pay stub entered for the employment. Select this option to calculate the income based on the pay stub(s) selected. The system will add all the selected pay stubs and the total will be used in the budget.

Average/Convert: This option is available if there is at least one pay stub entered for the employment and the income is received weekly, twice a month, every two weeks, quarterly, semi-annually, or annually. Select this option to calculate the income based on the selected pay stub(s). The system will add the selected pay stubs and convert to a monthly amount.

Average Only: This option is available if there is at least one pay stub entered for the employment and the income is received monthly. Select this option to calculate the income based on the selected pay stub(s). The system will add the pay stubs and average to a monthly amount.

Exclude: Select this option if the income should not be used in the budget month.

Pay Schedule Only: Select this option to calculate the income based on the pay schedule.

Pay Schedule and Selected Pay Stubs: This option is available if the job has a pay rate of hourly. Select this option to calculate the income based on the number of hours averaged from the selected pay stubs but using a new rate of pay entered on the new pay schedule. Both a pay schedule and pay stub(s) must be selected to enable this method.

Monthly Average: This option is available if there is at least one pay stub entered for the employment. Select this amount to total the selected income amounts and divide by the number of months represented. This method is used for TMA cases to total the income reported on the QRF and divide by the number of months.

(11-2005)