In February 2025, Lucille (from SI 01320.500F.3. in this section) receives $2,532 in unemployment compensation and James receives
a $300 birthday present from their grandparents. Janet still has no income. The family
still lives in a State with no State supplement.
Parent-to-Child Deeming Computation
Parent's Unearned Income
|
$2,532.00
|
General Income Exclusion
|
-20.00
|
Remaining Unearned Income
|
2,512.00
|
Parental Living Allowance
|
-967.00
|
Deemed Income
|
1,545.00
|
Number of Eligible Children: 2
|
1,545 / 2
|
Income Deemed to Each Eligible Child
|
772.50
|
To determine James' eligibility, first apply the infrequent income exclusion described
in SI 00810.410D. to the birthday gift James received. Applying the infrequent income exclusion means
that $60 is subtracted from the value of James’ birthday gift for a remaining amount
of $240. Then add the income deemed to James to their own countable income ($240)
for a total of $1,012.50. Then apply the general income exclusion, which reduces James'
income to $992.50. Because this amount is greater than the FBR for an individual,
James is ineligible for SSI in February. James' countable income exceeds the applicable
FBR by $25.50, so that amount is added to Janet's share of the deemed income resulting
in $798 in deemed income to Janet.
Reduce Janet's income by the $20 general income exclusion. This leaves $778 in countable
income. Because this is less than the $967 FBR for an individual, Janet is eligible
for SSI in February. Determine Janet's benefit amount by subtracting Janet's countable
income in December from the FBR for an individual for February.