Get Latest WorkWORLD

Child Care Assistance Countable Income - Iowa

The nonexempt income of any person included in the family size is used in determining the family’s income. See: Child Care Assistance Excluded Income, and Child Care Assistance Family Size.

The monthly gross income is the monthly sum of income received by a person from the following sources that are identified by the U.S. Census Bureau in computing the median income:

·           Alimony.

·           Child support.

·           Dividends, interest on savings or bonds, income from estates or trusts, net rental income or royalties: Dividends from stock holdings or membership in associations, interest on savings or bonds, periodic receipts from estates or trust funds, receipts from boarders or lodgers, and net royalties and net income from rental of a house, store or other property to others. Net rental income is that income remaining after expenses such as: taxes, interest, or borrowed principal to purchase property, insurance and upkeep of the property.

·           Money, wages or salary: Total money earnings received from work performed as an employee, including wages, salary, Armed Forces pay, commissions, tips, piece-rate payments, and cash bonuses earned, including sheltered workshop earnings. This is the amount before deductions are made for taxes, bonds, pension, union dues, and similar purposes.

·           Net income from farm self-employment: Gross receipts minus operating expenses from a person’s operation of a farm as an owner, renter or sharecropper.

Gross receipts include the value of all products sold, government crop loans, money received from the rental of farm equipment to others, and incidental receipts from the sale of wood, sand, gravel and similar items. Operating expenses include costs of feed, fertilizer, seed and other farming supplies.

·           Net income from nonfarm self-employment: Gross receipts minus expenses from one’s own business, professional enterprise or partnership. Gross receipts include the value of all goods sold and services rendered. Expenses include cost of goods purchased, rent, heat, lights, power, depreciation, wages and salaries paid, business taxes (not personal income taxes), and similar costs. The value of saleable merchandise consumed by the proprietors of retail stores is not included as part of net income.

·           Pensions and annuities: Pensions or retirement benefits paid to a retired person or the person’s survivors by a former employer or by a union, either directly or through an insurance company; periodic receipts from annuities or insurance.

·           Public assistance or welfare payments: Public assistance payments such as FIP, SSI, State Supplementary Assistance, and general assistance. This includes cash payments received under the pilot FIP diversion program and the statewide Family Self-Sufficiency Grant program.

·           Social Security: Social Security pensions and survivors benefits and permanent disability insurance payments made by the Social Security Administration, before deductions for medical insurance, and railroad retirement insurance checks from the U.S. Government.

·           Unemployment compensation: Compensation received from government insurance agencies or private companies during periods of unemployment and any strike benefits from union funds.

·           Workers compensation: Compensation received periodically from private insurance companies for injuries incurred at work. The cost of this insurance must have been paid by the employer and not by the person.

·           Veterans benefits: All monies paid to, or in behalf of, a person because of veteran’s status must be counted as income, irrespective of the purpose of such payments. Included is money paid periodically by the Veterans Administration to disabled members of the armed forces or to survivors of deceased veterans for education and on-the-job training, as well as so-called "refunds" paid to ex-service persons as G.I. insurance premiums.

Calculating Monthly Income

Weekly income is converted to monthly income by multiplying by 4.3. Biweekly income is converted to monthly income by multiplying by 2.15. When monthly income fluctuates, an average of the income for at least three months, but for no more than the past six months, is used.

Monthly gross income for a migrant seasonal farm worker is determined by calculating the total amount of income earned in the 12-month period preceding the date of the application and dividing the total amount by 12. This calculation is applied when the applicant:

·           Performs seasonal agricultural work that requires travel so that the applicant is unable to return to a permanent residence within the same day.

·           Derives most of the income from seasonal agricultural work performed during the months of July through October. "Most" means a simple majority of the income.

See Also:

·           Child Care Assistance Financial Eligibility

·           Child Care Assistance Eligibility

·           Child Care Assistance Fees

·           Child Care Assistance Overview

·           Welcome and Introduction to Benefits in Iowa

Source: Iowa DHS Employees’ Policy Manual, Social Services, Child Welfare Services

Title 18, Child Care

·                        Chapter I, Child Care Assistance, Determining Eligibility, Financial Eligibility, Countable Income

Legal reference: 441 IAC 130.3(3)

WorkWORLD™ Help/Information System

   Share/Save: Click the button or link at left to select your favorite bookmark service and add this page.

This is one topic from the thousands available in the WorkWORLD™ software Help/Information System.
Complete information about the software is available at: http://www.WorkWORLD.org