Adjusted monthly income definition

Adjusted monthly income means total countable income, minus verified child support payments paid by the parent whose child is receiving child development services, excluding the non-countable income listed below: 5 CCR 18078 (a)

Adjusted monthly income means the total countable income as defined in subdivision (q) below, minus verified child support payments paid by the parent whose child is receiving child development services, excluding the non-countable income listed below:

Adjusted monthly income means the monthly income at which child support is determined for serial family obligors, which is the obligor’s monthly income less the amount of any existing legal obligation for child support.

Examples of Adjusted monthly income in a sentence

• Adjusted monthly income is used in calculating the rent to a minimum level of ($50 (effective October 1, 2006).

• Total Tenant Payment: In calculating the rental assistance available to tenants, the PHA must use a formula, called a Total Tenant Payment, commonly abbreviated as “TTP.” Adjusted monthly income is one of the factors in the formula.§5.628A.

• DRAFT 27 TOM TORLAKSONSAMPLEState Superintendent of Public Instruction DRAFTADJUSTED MONTHLY INCOME Adjusted monthly income means the total countable income, listed in the left column, minus verified child support, verified child support payments, financial assistance for housing costs, or car payments provided in addition to, or in lieu of, child support paid by the parent whose child is receiving child development services, excluding the non- countable income listed in the right column.

• Adjusted monthly income: 8y ÷ 12:Divide adjusted annual income (line 8y) by 12.

• In calculating the rent of Public Housing residents, the Public Housing Authority must use a formula, called a Total Resident Payment, commonly abbreviated as “TTP.” Adjusted monthly income is one of the factors in the formula.

More Definitions of Adjusted monthly income

Adjusted monthly income means the total countable income as defined below, minus verified child support payments paid by the parent whose child is receiving early learning and care services, excluding the non-countable income listed below:

Adjusted monthly income means a sum equal to one-twelfth of the adjusted annual

Adjusted monthly income means the adjusted gross income divided by twelve.

Adjusted monthly income means the gross monthly income of a person or family less an amount for dependents, child care and extraordinary medical expenses.

Adjusted monthly income means the total countable income as defined in subdivision (<begin delete> q<end delete> <begin add> u<end add>) below, minus verified child support payments paid by the parent whose child is receiving child development services, excluding the non-countable income listed below:

Adjusted monthly income means total countable income minus verified child support payments paid by parent receiving child care subsidy services and excluding certain non- countable income.

Adjusted monthly income means total countable income minus verified child support payments paid by the parent whose child is receiving child development services, Except for child support payments paid by the parent, monthly income shall not be adjusted because of voluntary or involuntary deductions. When income fluctuations occur, the adjusted monthly income shall be computed by averaging the total adjusted income received during the twelve (12) months immediately preceding the month in which the application for services is signed or updated.