T/F Resources are real or personal property that an individual owns solely or jointly
True
How do you calculate weekly income?
Add all gross pays together, divide by the number of pays, and multiply by 4.3
T/F In order for child support to be considered an allowable deduction for SNAP, it must be court ordered and verified?
True
On what page in IEDSS do you enter someone's savings account?
Liquid Assets-Details Page
T/F Verification of resources must come from the source
True
Resources that are _____ are counted in determining eligibility
Available
What does unearned income mean?
There is no current performance of work or services
Which programs allow a deduction for medical expenses?
SNAP & MED 1
What is AVS?
Automated system that obtains electronic resource verification
Which state form can be used to provide earned income verification?
The DFR 0065 Request for Earnings form
What are some examples of liquid assets?
Bank accounts, retirement accounts, stocks, bonds, venmo/paypal/cash app, cash
If someone works 40 hours a week and is paid every 2 weeks and receives $500 on each paycheck, what is the projected gross monthly income?
$1075.00 ($500+$500=$1000.00 / 2 = $500 * 2.15 = $1075.00)
What is the non heating/cooling Standard Utility Allowance that includes at least two qualifying expenses in order to receive it?
SUA 2
On what page in IEDSS do you enter someone's vehicle?
What is the state form that is sent out automatically or manually from IEDSS that requests missing verifications?
Pending Verifications for Applicant or Recipients 2032
_____-an agreement where a person gives legal responsibility of their designated representative
Trust
Self-Employment income and expense verifications should be request for _____ in business when the individual has been self-employed for less than 12 months.
All months in business
Utility and Shelter expenses are allowable deductions for which 2 assistance groups?
SNAP & MCCA
What is the full navigation order in IEDSS to enter an S Corp?
Data Collection > Others ^ > Income > Self-Employment Income
Where do we have to submit copies of the trust agreement to be carefully evaluated to determine if the trust principal will be counted as a resource?
PAL- Policy Answer Line
The current Fair Market Value (FMV) of a resource minus the total amount of liens against the resource is equal to its ________.
Equity Value
What does MAGI stand for?
Modified Adjusted Gross Income
What is the minimum amount of medical expenses someone has to have for it to count in the budget?
$35.00
10
What is the form called that we send out if a client states that they receive Self-Employment? (Looking for numbers here)
Report of Self-Employment Income FI 2255