Income Computations

Income Computations. A. Countable income is defined as follows: 1. Countable income is what remains after: a) Eliminating all amounts that are not income; and 2. Applying all appropriate exclusions. B. Countable income is the sum of a month’s countable earned and unearned income, which is subtracted from the appropriate need standard to determine if an individual or couple is eligible for Medicaid.