Earned Income - When Received 400-19-55-15-10

(Revised 6/1/10 ML #3218)

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(N.D.A.C. 75-02-01.2-50)

 

Earned income received on a regular basis is considered received in the month in which available and normally received. If the income is irregular, the income is considered received in the month it is actually received.  

Note: When the receipt of income varies because of weekends or holidays, the income must continue to be counted in the month it would have normally been received or considered available had there not been a weekend or holiday.  

 

Wages held at the request of an employee shall be considered income in the month normally received.  

 

Income from self-employment received on other than a monthly basis should be determined by a review of the individual's federal income tax return from the previous year and the annual profit converted to 12 equal monthly amounts.

Note: If the tax return does not reflect an entire year’s income or it is not indicative of the business’s yearly income, monthly income and expenses or ledgers must be used.