Income

Income is considered either countable or non-countable when determining financial eligibility and the grant amount in each cyclical month. Income paid in other than monthly amounts must be converted to monthly amounts. For TAFDC, this calculation is done for income received by the filing unit. The most current monthly income information is used as the basis for the Transitional Cash Assistance grant calculation, unless subsequent information is received indicating a change in income or eligibility. If verified income information indicates an underpayment, a grant adjustment must be made.