Converting Income To A Monthly Amount

If a full month's income is expected, but is received on other than a monthly basis, convert the income to a monthly amount using one of the formulas below: (3-17-22) 01. Weekly Amount. Multiply weekly amounts by four point three (4.3). (3-17-22) 02. Bi-Weekly Amount. Multiply bi-weekly amounts by two point one five (2.15). (3-17-22) 03. Semi-Monthly Amount. Multiply semi-monthly amounts by two (2). (3-17-22) 04. Monthly Amount. Use the exact monthly income if it is expected for each month of the certification period. (3-17-22)