N.M. Admin. Code § 8.243.500.19

Current through Register Vol. 36, No. 1, January 14, 2025

Section 8.243.500.19 - UNEARNED INCOME

A. Standards for unearned income and exclusions: See 8.215.500.20.C. & D. NMAC.

B. Unearned income is computed on a monthly basis. If there are no expenses incurred with the receipt of unearned income, such as annuities, pensions, retirement payments or disability benefits, the gross amount is considered countable unearned income.

8.243.500.19 NMAC - N, 1-1-01