401-1  Countable Income

Effective:  November 1, 2009 - December 31, 2010

Previous Policy

Countable income is the gross amount of income received minus any allowable exemptions or expenses.  See Section 410-8 #4 to see how the "Making Work Pay Tax Credit" affects the gross income.

Some types of income are exempt, meaning that they are not considered as countable income.  See sections 401-3, 402-4, 402-10, 410-5, and 410-8 to see what income types are exempt.

Expenses are amounts which are subtracted from gross income before counting the remainder as income that is available to the individual.  Only expenses that are required to make an income available to the individual are deducted from the gross income.