The following computations are made to determine total monthly income:
- (1) the monthly income available to the applicant is identified by source, type, and amount;
- (2) from the amounts identified are subtracted any amounts which are excluded under 7 AAC 40.320 or 7 AAC 40.330;
- (3) the resulting amounts, if any, are added and rounded to the nearest dollar. This amount, which cannot be less than zero, is the total monthly income.
(Eff. 5/12/82, Register 82; am 4/6/91, Register 118)
Authority: AS 47.05.010, AS 47.25.430, AS 47.25.435, AS 47.25.460