Net family income definition

Net family income means gross family income less federal, state or local payroll taxes (income and Social Security). Deductions for payroll saving plans, bond purchases, or contributions to retirement systems may not be used to determine net income.
Net family income means gross family income minus the standard work-related, child care and child support expenses or deductions as used in determining presumptive eligibility for Medicaid.
Net family income means Gross Family Income minus the standard work related, child care, and child support deductions as used in determining presumptive eligibility for Medicaid expansion as designated by the Omnibus Budget Reconciliation Act of 1986.

Examples of Net family income in a sentence

  • All variables that vary over time are averaged.Table A-3: Means of selected variables for various PSID samples Table A-4: Net family income residuals Sample Nonsample Means Vars.

  • Working with community partners, Pathways to Education Canada is currently operating in 11 communities and has yielded impressive 12 Net family income levels are subject to annual indexing for inflation.

  • All individuals in the original 1991 sample and subsequent booster samples remain inFigure 2: Tax credit award for low-wage parent with low-wage partner working full timeIS + tax credit award (£pw)100150IS and tax credit award (£pw) 0500 10 20 30 40 50Hours of work (pw)Net family income (£pw) Net family income (£pw)01002003004000 10 20 30 40 50Hours of work (pw) 1999 WFTC reform Notes: Parents earn the minimum wage (April 2004) and have one child aged 4 and no expenditure on childcare or rent.

  • Net family income levels are subject to annual indexing for inflation.

  • After the student graduates, the student’s high school must send a complete official sealed final high school transcript which includes grades from the student’s final semester, a final GPA, and a graduation date.

  • Net family income includes the income of the individual making the application plus the income of the co• habitating spouse.

  • Net family income: Confidentiality: All financial information reported will be kept confidential.Please submit your application to Sondra Ponzi, Duke University Graduate School, 2127 Campus Drive, Box 90070, Durham, NC 27708) or sondra.ponzi@duke.edu: *It is strongly recommended that you mail or drop-off sensitive information.

  • Net family income rises markedly under all models, reaching between US$4,000 and US$6,000 (approximately US$3,000 without the project) depending on the model.

  • Net family income and net household income were used as supply constraints because the expectation was that individuals would choose to work less if they had other sources of income.

  • The flattening is permanent after that.The solid lines for men show wages increasing with education and growing rapidly in theFigure 2: Income Support and Tax Credit for low-paid couple with 1 child IS + tax credit award (£pw)100150IS and tax credit award (£pw) 0500 10 20 30 40 50Hours of work (pw)Net family income (£pw) Net family income (£pw)01002003004000 10 20 30 40 50Hours of work (pw) 1999 WFTC reform Notes: From Blundell et al.


More Definitions of Net family income

Net family income means gross family income minus the standard work related, alimony, child care, and child support deductions as used in determining Medicaid presumptive eligibility for pregnant women.
Net family income means the amount of income established for a family after reduction for offsets, not to exceed 5% of the amount of net family income, for expenses such as child care and work-related expenses [, in accordance with standards applicable under the Medicaid program].
Net family income means the amount of income established for a family after reduction for offsets for expenses such as child care and work-related expenses, in accordance with standards applicable under the Medicaid program.
Net family income means the amount of income
Net family income means family income less the allowable exemptions specified in section 3; (« revenu familial net »)
Net family income means the amount of income 52-62 established for a family after reduction for offsets, not to exceed 52-63 10 percent of the amount of net family income, for expenses such as 52-64 child care and work-related expenses[, in accordance with standards 52-65 applicable under the Medicaid program].

Related to Net family income

  • Annual income means all amounts, monetary or not, which:

  • Program Income means gross in- come earned by the recipient that is di- rectly generated by a supported activ- ity or earned as a result of the award (see exclusions in § 215.24(e) and (h)). Program income includes, but is not limited to, income from fees for serv- ices performed, the use or rental of real or personal property acquired under federally-funded projects, the sale of commodities or items fabricated under an award, license fees and royalties on patents and copyrights, and interest on loans made with award funds. Interest earned on advances of Federal funds is not program income. Except as other- wise provided in Federal awarding agency regulations or the terms and conditions of the award, program in- come does not include the receipt of principal on loans, rebates, credits, dis- counts, etc., or interest earned on any of them.

  • Adjusted Consolidated EBITDA means, for any Computation Period, Consolidated EBITDA for such Computation Period adjusted by giving effect on a pro forma basis to Acquisitions and dispositions completed during such Computation Period.

  • Per capita income means the average for the most recent three years for