7 Alaska Admin. Code § 40.350

Current through September 25, 2024

Section 7 AAC 40.350 - Computation of income

The following computations are made to determine total monthly income:

(1) the monthly income available to the applicant is identified by source, type, and amount;

(2) from the amounts identified are subtracted any amounts which are excluded under 7 AAC 40.320 or 7 AAC 40.330;

(3) the resulting amounts, if any, are added and rounded to the nearest dollar. This amount, which cannot be less than zero, is the total monthly income.

7 AAC 40.350

Eff. 5/12/82, Register 82; am 4/6/91, Register 118

Authority:AS 47.05.010

AS 47.25.430

AS 47.25.435

AS 47.25.460