Monthly income definition
Monthly income means one-twelfth of the Annual Income.
Monthly income means the gross countable income received or projected to be received during the month or the monthly equivalent.
Monthly income means the obligor’s income available for child support and is the obligor’s annual gross income or, if applicable, the obligor’s annual income modified for business expenses; plus the obligor’s annual income imputed based on earning capacity; plus the obligor’s annual income imputed from assets; divided by twelve (12).
Examples of Monthly income in a sentence
Life Income – Monthly income will automatically be guaranteed to continue for at least ten years.
Monthly income benefits are paid when totally or permanently disabled because of illness or injury.
Monthly income collected, if any, shall be applied chronologically beginning with the earliest obligation, including Agent’s compensation, and the remaining balance, if any, shall be available for remaining obligations and recurring expenses.
Monthly income amounts for ages not shown are halfway between the two amounts for the nearest two ages that are shown.
Monthly income and expense items shall be prorated on the basis of a thirty (30) day month.
More Definitions of Monthly income
Monthly income means 1/12th of annual income.
Monthly income means the income which a member is entitled —
Monthly income means the monthly average of any and all monies received on a periodic or predictable basis, which the family relies on to meet personal needs.
Monthly income means the gross monthly income before any deductions.
Monthly income means gross monthly income of the parent or parents residing with the child and the income of adults in the household who are included in the calculation of household size as provided in ARM 37.80.202. The income of a parent not residing with the child shall be counted as monthly income under this chapter only in cases where such parent’s income is available to support the household of the child. Any child support provided by a parent not residing with the child to the household of such child shall be counted as monthly income, and such child support shall be deemed to constitute the extent to which the nonresidential parent’s income is available to the household. The following sources of income are the only sources that will not be counted in determining gross monthly income:
Monthly income means one-twelfth of the Annual Income. “PDPA” means Personal Data Protection ▇▇▇ ▇▇▇▇.
Monthly income. , as used in this section, means the total of the temporary assistance for needy