Countable income definition

Countable income means the total amount of earned and unearned income that is used to determine whether an applicant or beneficiary meets the standard for income eligibility for the applicable IHCC group.
Countable income means “modified adjusted gross income” (MAGI) or “household income,” as applicable, determined pursuant to 42 U.S.C. § 1396a(e)(14).
Countable income means gross income reduced by

Examples of Countable income in a sentence

  • Countable income is then compared to the schedule of living costs (Test 2) for the eligible group.

  • Countable income from farm self-employment consists of gross receipts minus operating expenses from the operation of a farm by a person on his own account as an owner, renter or share cropper.

  • Countable income is then compared to the standard of need for the eligible group.

  • Countable income (as determined under the Federal eligibility rules) will first be deducted from the Federal ben- efit rate applicable to an eligible indi- vidual or eligible couple.

  • Countable income is calculated by reducing the gross income by the following allocations and disregards.


More Definitions of Countable income

Countable income means earned and unearned income of the family according to the modified adjusted gross income methodology.
Countable income for the purpose of this rule, means income remaining after exclusions.
Countable income means income that does not exceed two hundred fifty percent of
Countable income means income from every source minus income excluded under R6-13-118.
Countable income means income that does not exceed two hundred fifty percent of the federal poverty level: Provided, That for purposes of this article, countable income does not include:
Countable income means all sources of income not excluded under the Medicaid program;
Countable income means the resident with the disability's taxable income as reported on the prior year's 1040, 1040A or 1040EZ, minus exemptions listed in § 3.7(B) of this Part.