Current through Register Vol. 48, No. 51, June 17, 2024
Part 9050.0755 - CALCULATION OF CHARGEABLE INCOME OF APPLICANT OR RESIDENT The chargeable income of an applicant or resident is as follows:
A. total the person's gross income according to part 9050.0710;B. subtract from the total gross income the applicable expenses or deductions in parts 9050.0720 to 9050.0750 to get the net income;C. subtract from net income $90 for personal needs;D. multiply item C by 0.05 and deduct this amount from item C; andE. the sum calculated in item D is the applicant's or resident's monthly chargeable income.Statutory Authority: MS s 198.003