7 AAC 45.375. Types of income

(a) For the purpose of determining ATAP eligibility and calculating ATAP payments, earned income is income paid in cash or in kind as wages, salary, or commissions, and that is earned by an employee in exchange for the performance of services by the employee. An employee's earned income includes all payments made at one time to an employee for services performed by the employee. Earned income is considered gross income as determined under 7 AAC 45.435. Earned income from self-employment is the amount the self-employed individual receives from the production or sale of goods or services, less the nonpersonal costs of doing business, as determined under 7 AAC 45.445.

(b) For the purpose of determining ATAP eligibility and calculating ATAP payments, unearned income is income that is not earned income as defined in (a) of this section. Unearned income includes retirement benefits, social security payments, dividends and interest, unemployment compensation, strike benefits, direct child support, royalties, veteran's benefits, payments from any type of cash assistance program, winnings, and similar income. A deposit into an account jointly owned by a member of the economic unit and another individual, or a direct cash gift to a member of the economic unit by an individual who is not a member of the economic unit, is unearned income to the assistance unit. If a dependent child who is not required to be included in the assistance unit makes a cash contribution to the assistance unit from that child's earnings, the amount of that contribution is unearned income to the assistance unit. The net amounts of income determined under 7 AAC 45.465 and 7 AAC 45.467 to be available to the assistance unit from an excluded stepparent, parent of a minor parent, disqualified alien parent, or alien's sponsor is unearned income.

History: Eff. 8/5/92, Register 123; am 10/1/93, Register 127; am 10/1/97, Register 143

Authority: AS 47.05.010

AS 47.27.005

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