Section 17. Deeming Resources

A. Deeming resources when an applicant/recipient lives with an ineligible spouse: If an eligible noninstitutionalized applicant/recipient lives in the same household with an ineligible spouse, the resources of the ineligible spouse are considered to belong to the applicant/recipient. The resource standard for a couple applies. B. Deeming resources for minor applicant living with ineligible parent(s): If an 8.215.500 NMAC 11 applicant/recipient is a minor under 18 years of age, the resources of the parent(s) are deemed to the applicant/recipient if the parent(s) live in the same household. (1) Computing deemed resources: To determine the amount of resources deemed to an applicant/recipient who is a minor, the following computation is made: (a) determine the parent(s) resources; (b) allow the parent(s) all the resource exclusions that an applicant/recipient receives; and (c) remaining resources in excess of two thousand dollars ($2,000) for one parent or three thousand dollars ($2,000) for two parents are deemed to the eligible minor. (2) Computing countable resources: The deemed resources are added to the applicant/recipient's own countable resources. The minor applicant/recipient is eligible if countable resources do not exceed resource standards.