Rule 23-103-1.14 - Income vs ResourcesA. It is important to distinguish between resources and income to know which counting rules to use for any given month. The same item is not evaluated under two sets of counting rules for the same month; that is, one item cannot be counted as both income and a resource in the same month:B. Income Counting Rules. Items received in cash or in-kind during a month are evaluated under the income rules.C. Resource Counting Rules. Items retained for use in the month following the month of receipt are subject to evaluation under resource rules, as are all other items not defined as income.23 Miss. Code. R. 103-1.14
Social Security Act §1902 (r)(2); 42 CFR §435.601(b) (Rev 1994).