Net Income Standards 430-05-50-10-10

(Revised 11/01/04 ML2941)

View Archives

 

 

The following net income eligibility standards reflect 100% of the Federal income poverty levels.

 

       

HH Size

Maximum Income

HH Size

Maximum Income

1

$ 776

9

$2,896

2

1,041

10

3,161

3

1,306

11

3,426

4

1,571

12

3,691

5

1,836

13

3,956

6

2,101

14

4,221

7

2,366

15

4,486

8

2,631

Each additional member

+ 265

 

Net monthly income is arrived at by determining gross monthly income and then subtracting the following:

  1. 20% of earned income.
  2. Standard deduction based on counting only eligible household members in determining household size as follows:
  1. 1 through 4 person household - $134.00
  2. 5 person household - $153.00
  3. 6+ person household - $175.00
  1. Allowable medical deductions in excess of $35 for elderly or disabled household members.
  2. Childcare and dependent care costs not to exceed $200 per month for each child under two, $175 per month for each other dependent.
  3. Child support paid.
  4. Shelter costs in excess of 50% of net adjusted income. Shelter costs deducted cannot exceed $388.00.

Exception:

Households containing one or more eligible elderly or disabled members are not subject to the shelter deduction maximum of $388.00.  Households in which the only elderly or disabled members are excluded are subject to the shelter deduction maximum.