Agrisubs
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Agricultural Subsidies
Source: Governmental agencies, usually Federal. See SI 02310.049.B.7.
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POSSIBLE SEI — Net Earnings from Self Employment (NESE) - SI 00820.200 and RS 01803.210.
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Property essential to self-support - SI 01130.500
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Bank Incentive Payment
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Cash gift or incentive payment to open an account (e.g., checking, savings, certificate
of deposit)
Source: Financial Institution
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Considered Interest SI 00830.500A
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Excluded from countable income for SSI purposes
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Bartering
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Bartering
Source: Noncash trading activity performed through brokers or with business entities
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Unearned income - SI 00830.001 - POSSIBLE SEI N/E from S/E - SI 00820.200.
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Determine according to type of item received.
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Business Act
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Business Act
Source: Business Activity. BE ALERT TO UNDERLYING RESOURCES.
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Possible SEI N/E from S/E – SI 00820.200.
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Property essential to self-support - SI 01130.500.
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Capital Gains
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Capital Gains
Source: Sale of an asset or a change in corporate control or capital structure. BE
ALERT TO UNDERLYING RESOURCES.
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Not Income.
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Validity of transfer of resource - SI 01150.001. Distinguishing resources from income - SI 01120.005.
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Co-op Dividends
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Non-patronage dividend/Retained allocation/Redemption Amount
Source: Membership in a business cooperative. See SI 02310.049.B
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Dividends and Interest - SI 00830.500
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Stocks - SI 01140.220.
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Corporate Control
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Cash Received/
Fair Market Value of Stock/Fair Market Value of Property
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Possible SEI/NE from S/E – SI 00820.200
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Stocks – SI 01140.220, SI 01150.005
Real Property – SI 01130.100
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Disqualified Interest
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Disqualified Interest
Source: Mutual funds, time deposits. This is an indication that tax-free status of
interest paid in a prior year has been changed. BE ALERT TO UNDERLYING RESOURCES.
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Not income in year of report. Original receipt of interest in prior year may be income.
Dividends and interest - SI 00830.500.
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Time deposits – SI 01140.220.
Mutual fund shares - SI 01140.230.
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Dividends
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Patronage Dividend
Sources: Stocks, mutual funds, life insurance. BE ALERT TO UNDERLYING RESOURCES.
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Dividends and interest - SI 00830.500.
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Stocks - SI 01140.220. Mutual fund shares - SI 01140.230.
Life insurance - SI 01130.300.
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Educational Accounts
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Educational Accounts
Source: Distribution from a qualified tuition account defined under section 529 of
the Internal Revenue Code (IRC) or a Coverdell education savings account (ESA) defined
under section 530 of the IRC.
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Income if distributed to the beneficiary of the section 529 qualified tuition account
-SI 00830.001.
Not income if distributed to the individual who funded the section 529 qualified tuition
account or if distributed to the beneficiary of the ESA.
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Conversion of a resource if distributed to the individual who funded the section 529
qualified tuition account or if distributed to the beneficiary of the ESA - SI 01110.600.
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Forfeit Interest
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Forfeit Interest
Source: Time deposits. Interest penalty for cashing before maturity. BE ALERT TO UNDERLYING
RESOURCES.
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Not Income.
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Time deposits - SI 01140.210.
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Government Interest
Payments
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Sources: U.S. Savings Bonds, Treasury Bills, Treasury Notes, Treasury Bonds. Note:
does not include interest on tax refunds.
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Dividends and interest - SI 00830.500. See SI 02310.049B.6.
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Development will depend on the type of security involved: U.S. Savings Bonds - SI 01140.240.
Municipal, Corporate, and Government Bonds - SI 01140.220.
Time deposits - SI 01140.210. See SI 02310.049B.6.
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In-Kind Dividends
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Non-cash Liquidation
Sources: Stocks, mutual funds, business cooperatives. Cash values are assigned to
these in-kind distributions by the payer. BE ALERT TO UNDERLYING RESOURCES.
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Dividends and interest - SI 00830.500.
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Stocks - SI 01140.220. Mutual fund shares - SI 01140.230.
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Interest
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Original Issue Discount
Sources: Bank accounts, bonds, loans made, preferred stocks, certificates of deposit,
life insurance policies, mutual funds, burial funds, escrow accounts, delayed tax
refunds. BE ALERT TO UNDERLYING RESOURCES.
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Dividends and interest - SI 00830.500. Burial fund interest - SI 00830.501.
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Checking and savings accounts – SI
01140.200.
Loans – SI 01120.220 and promissory notes and real property agreements – SI 01140.300.
Time deposits - SI 01140.210.
Mutual fund shares - SI 01140.230.
Municipal, corporate, and government bonds - SI 01140.250.
Life insurance - SI 01130.300.
Burial contracts - SI 01130.420.
Stocks - SI
01140.220. Funds set aside for burial - SI 01130.410.
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IRA
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IRA
Source: Contribution to an Individual Retirement Account (IRA) or IRA Rollover.
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Not income. IRA distributions are shown under the “Retirement Plan” legend or as 5H
alerts (see SI 02310.052.)
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Development depends on how the IRA is invested. Treatment of retirement funds as resources
- SI 01120.210, SI 01330.120, SI 01330.220.
Time deposits - SI 01140.210.
Mutual fund shares - SI 01140.230.
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Partnership/S
corporation Share
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Business Passive/Non-passive/Ordinary Income
Source: Partnership business entity or S corporation. Partnership income may be earned
income if individual declares any distributions as self-employment income. S corporation
income may be earned or unearned income from S corporation. BE ALERT TO UNDERLYING
RESOURCES.
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Unearned Income - SI 00830.001. POSSIBLE SEI N/E from S/E - SI 00820.200.
S corporation: Wages –SI 00820.100. Self-employment director fees RS 02101.016. Dividends - SI 00830.500. Distributions – SI 00810.005. Corporate income is reported on tax return for income tax, but if not distributed
it is not countable as SSI income SI 00810.005, RS 01802.015.
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Resources, General - SI 01110.001.
Property essential to self-support - SI 01130.500.
S corporation: Stock - SI 01140.220. Property essential for self-support does not apply. SI 01130.501 Q & A
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Prizes
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Prizes
Source: Prizes and awards; Gambling winnings
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Prizes and awards — SI 00830.515 and SI 00830.525.
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BE ALERT TO RETENTION AS A RESOURCE - SI
01120.005.
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Property
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Property
Source: Fair market value of property abandoned or acquired as full or partial satisfaction
of a debt (e.g., as payment of a loan) or sale of real estate.
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Proceeds of a loan - SI 00815.350. Dividends and interest - SI 00830.500.
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Real property - SI 01130.100.
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Rents Estate Tran
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Unrealized Profit or Loss
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Rental income - SI 00830.500
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Property essential for self-support - SI
01130.500.
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Retirement Plan
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Unrealized Appreciation and Other Income
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Annuities, pensions, or disability payments other than SSA-SSI - SI 00830.160.
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For IRA's, the development will depend on how the funds are invested. Treatment of
retirement funds as resources - SI 01120.210, SI 01330.120, SI 01330.220.
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Royalties
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Sources: Royalties BE ALERT TO UNDERLYING RESOURCES
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Royalties - SI 00830.510.
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Property essential to self-support - SI 01130.500.
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Security Trades
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Source: Sale of asset. BE ALERT TO UNDERLYING RESOURCES
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Not income
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Stocks - SI 01140.220. Municipal, corporate, or Government bonds - SI 01140.250. Distinguishing resources from income - SI 01120.005.
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Unemp Comp
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Source: Unemployment compensation
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Unemployment compensation - SI 00830.230.
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BE ALERT TO RETENTION AS A RESOURCE - SI
01120.005.
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Winnings
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Source: Gambling activity.
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Unearned income - SI 00830.525.
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BE ALERT TO RETENTION AS A RESOURCE - SI
01120.005.
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