Annual income definition
Annual income means the same as that term is defined in regulations of the
Annual income means annual income as defined under the Section 8 housing assistance payments programs in 24 C.F.R. part 5; annual income as reported under the census long form for the recent available decennial census; or adjusted gross income as defined for purposes of reporting under Internal Revenue Service Form 1040 for individual federal annual income tax purposes..
Annual income means “annual income” as defined in 24 C.F.R. §92.203, as amended.
Examples of Annual income in a sentence
The Owner shall maintain as part of its Project records copies of all leases of Restricted Units and all initial and Annual Income certifications by tenants of the Restricted Units, which shall be available for inspection by the Monitoring Agent, the Municipality and EOHLC.
In initially verifying a Family’s income, the Owner shall examine the source documents evidencing Annual Income (e.g. wage statements, interest statements, unemployment compensation statements) for the Family.
More Definitions of Annual income
Annual income means the same as that term is defined in regulations of the United States Department of Housing and Urban Development, 24 C.F.R. Sec. 5.609, as amended or as superseded by replacement regulations.
Annual income means “current monthly income” multi- plied by 12.
Annual income means the total income from all sources, of a designated household, for the income tax year immediately preceding the year in which the notice is given under § 11-102.1 of this title, whether or not included in the definition of gross income for federal or State tax purposes. For purposes of this section, the inclusions and exclusions from annual income are the same as those listed in § 9-104(a)(8) of the Tax - Property Article, "gross income" as that term is defined for the property tax credits for homeowners by reason of income and age, but shall not include unreimbursed medical expenses if the tenant provides reasonable evidence of the unreimbursed medical expenses or consents in writing to authorize disclosure of relevant information regarding medical expense reimbursement at the time of applying for an extended lease.
Annual income means the total income from all sources for all present members of your household for the income tax year immediately preceding the year in which this notice is issued but shall not include unreimbursed medical expenses if the tenant provides reasonable evidence of the unreimbursed medical expenses or consents in writing to authorize disclosure of relevant information regarding medical expense reimbursement at the time of applying for an extended lease. “Total income” means the same as “gross income” as defined in § 9-104(a)(7) of the Tax - Property Article.
Annual income means your total income for a particular year based on and/or as may reasonably be determined by us from the Income Documents you have submitted for that year.
Annual income means the total income from all sources for all present
Annual income means the gross amount of income anticipated to be received by the family during the twelve months or go to, or on behalf of, the family head or spouse (even if temporarily absent) or to any other family member after certification or recertification. Gross income is the amount of income prior to any HUD allowable expenses or deductions and does not include income which has been excluded by HUD, as set forth in 24 C.F.R. §5.609.