Net household income means all income of the accused and spousal income actually available to the accused. Such income shall include: take-home wages and salary (gross income earned minus those deductions required by law or as a condition of employment); net self-employment income (gross income minus business expenses, and those deductions required by law or as a condition of operating the business); regular payments from a governmental income maintenance program, alimony, child support, public or private pensions, or annuities; and income from dividends, interest, rents, royalties, or periodic receipts from estates or trusts. Seasonal or temporary income shall be considered on an annualized basis, averaged together with periods in which the accused has no income or lesser income.
Net household income means all income of the defendant and spousal income actually available to the defendant. Such income shall include: take-home wages and salary (gross income earned minus those deductions required by law or as a condition of employment); overtime, severance pay, unemployment benefits, disability or workman’s compensation benefits; net self-employment income (gross income minus business expenses, and those deductions required by law or as a condition of operating the business); regular payments from a governmental income maintenance program, alimony, child support, public or private pensions, retirement benefits, or annuities; and income from dividends, interest, rents, royalties, capital gains, periodic receipts from estates or trusts, regular payments from Social Security, veteran’s benefits, food, rent or household expenses received in lieu of wages or as a result of any agreement to share household expenses, tax refunds or compensation for injury. Seasonal or temporary income shall be considered on an annualized basis, averaged together with periods in which the defendant has no income or lesser income.
Net household income means the Defendant’s necessary expenses will be subtracted from the Defendant’s and spouse’s gross income. The resulting number will be referred to as the defendant’s “net household income.”
Examples of Net household income in a sentence
Net household income - Subtract Line 7 from Line 6 and enter the amount here .
Net household income is assumed to be 74% of gross household income.
This means that fluctuations in household income have much more effect on food stamp benefits than on WIC program benefits.• Net household income is based on numerous exclusions and deductions, and special rules govern the treatment of energy assistance, education loans, and other forms of income.
Those on higher incomes might expect to contribute between 30% and 50% of Net household income.
The National Housing Federation definition is that up to 30% of Net household income is affordable.
More Definitions of Net household income
Net household income means all income of the defendant and spousal income actually available to the defendant.
Net household income means all income of the accused and spousal income
Net household income means the accused's income and any spousal income that is available to the accused, and includes:
Net household income means all income of the accused and spousal income actually available to the accused. Income includes:
Net household income means all income of the accused and spousal income actually available to the accused. Such income shall include: take-home wages and salary (gross income earned minus those deductions required by law or as a condition of employment); net self- employment income (gross income minus business expenses, and those deductions required by law
Net household income means all income of the defendant and spousal income actually available to the defendant. Such income shall include: take-borne wages and salary (gross income earned minus those deductions required by law or as a condition of employment);
Net household income means all income of the defendant and spousal income actually available to the defendant. Such income shall include: take- home wages and salary (gross income earned minus those deductions required by law or as a condition of employment); net self employment income (gross income minus business expenses, and those deductions required by law or as a condition of operating the business); regular payments from a governmental