7 Alaska Admin. Code § 45.440

Current through May 31, 2024
Section 7 AAC 45.440 - Lump-sum earned income
(a) If an applicant or recipient works for more than one month before receiving a single payment in full settlement for the work performed, regardless of whether that person is an employee or self-employed, working with or without a contract, the department will
(1) prorate the income over the number of months the payment is intended to cover; and
(2) in each of the months the applicant or recipient actually works, but not in other prorated or contract months, allow the applicant or recipient the earned income deductions under 7 AAC 45.480 and the child care disregard under 7 AAC 45.485.
(b) The income of a seasonally self-employed applicant or recipient will be prorated in accordance with 7 AAC 45.450, regardless of whether the person obtains earned income monthly during the season of work.
(c) Income received as a draw, receipt of sales, payment on contract, or any other self-employment income that is, or can be, regularly received at least once a month during a 12-month period or longer will not be prorated under this section. After the non-personal costs of doing business are subtracted in accordance with 7 AAC 45.445, the remainder will be budgeted on a monthly basis and treated the same as employee's wages under this chapter.

7 AAC 45.440

Eff. 8/5/92, Register 123; am 10/1/97, Register 143; am 1/7/2005, Register 173

Authority:AS 47.05.010

AS 47.27.005