Net household income definition

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.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2
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.”
Sample 1Sample 2Sample 3

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.

  • Aysel Kavas, Winston-Salem State University, Winston-Salem, North Carolina, USA Alican Kavas, Winston-Salem State University, Winston-Salem, North Carolina, USA ABSTRACT An attempt was made to develop a segmentation model for nutrition and health communication strategies based on the finding that discrepancies exist between actual weight status and weight perceptions of the consumers.

  • Net household income may be based onthe applicant's or authorized representative's verbal statement;verification is not required.Social services districts must conduct a face-to-face interview with each person applying for AHIP or with an authorized representative applying on the person's behalf (e.g., a relative, significant other, staff person from an AIDS Care Center).

  • Net household income in the UK is relatively high compared to other OECD countries (Figure 1.7).

  • Net household income (A- C+Y-W) In particular, farmer John's family has received information from local weather station of a possible drought for the next crop season (the frequency of a drought is estimated in one every 5 years) (risk 1) that could lower the crop yield of 50%.

  • Net household income has been coded so that it corresponds to the GBCS annual household income brackets.highest household incomes are also 50 percent more likely to have children.


More Definitions of Net household income

Net household income means all income of the defendant and spousal income actually available to the defendant.
Sample 1Sample 2
Net household income means the accused's income and any spousal income that is available to the accused, and includes:
Sample 1Sample 2
Net household income means all income of the accused and spousal income
Sample 1Sample 2
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
Sample 1
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);
Sample 1Sample 2
Net household income means all income of the accused and spousal income actually available to the
Sample 1Sample 2

Related to Net household income

  • Household income means the combined income of the members

  • Moderate-income household means a household with a total gross annual household income in excess of 50 percent but less than 80 percent of the median household income.

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Income means the following:

  • Business income means income arising from transactions and activity in the regular course of the taxpayer's trade or business and includes income from tangible and intangible property if the acquisition, management, and disposition of the property constitute integral parts of the taxpayer's regular trade or business operations.