How is applicant income computed?

20 C.F.R. § 641.507
in effectEffective: 2024-07-01
Sign in to generate a plain English summaryAsk Belisarius Agent
An applicant's income is computed by calculating the includable income received by the applicant during the 12-month period ending on the date an individual submits an application to participate in the SCSEP, or the annualized income for the 6-month period ending on the application date. The Department requires grantees to use whichever method is more favorable to the individual. (OAA § 518(a)(4)).

Starting a business? Corpus forms LLCs in all 50 states and DC.