Section 7.40.350. Computation of income.

Latest version.

The following computations are made to determine total monthly income:  
		(1) the monthly income available to the applicant is identified by source, type, and amount;  
		(2) from the amounts identified are subtracted any amounts which are excluded under 7 AAC 40.320 or 7 AAC 40.330;  
		(3) the resulting amounts, if any, are added and rounded to the nearest dollar. This amount, which cannot be less than zero, is the total monthly income.

Authorities

47.05.010;47.25.430;47.25.435;47.25.460

Notes

Reference

7 AAC 100.400
7 AAC 40.330
7 AAC 40.370
7 AAC 40.395

Authority
 AS 47.05.010  
AS 47.25.430  
AS 47.25.435  
AS 47.25.460  
History Eff. 5/12/82, Register 82; am 4/6/91, Register 118

                    
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