WORKFORCE SOLUTIONS 806.372.5521

Workforce Solutions Panhandle Star CALCULATING FAMILY INCOME Workforce Solutions Panhandle Star

Included Income

  • Gross Earnings and Wages
  • Net earnings from self-employment
  • Retirement benefits (not including regular social security payments)
  • Taxable capital gains, dividends and interest
  • Rental income
  • Income from estates and trust funds
  • Workers compensation, and death benefits.
  • Disability payments including Social Security Disability Insurance (SSDI) payments

Excluded Income

  • Medicare, Medicaid, SNAP benefits, school meals, and housing assistance
  • Monthly monetary allowances provided to or for children of Vietnam veterans born with certain birth defects
  • Needs-based educational scholarships, grants, and loans; including financial assistance under Title IV of the Higher Education Act--Pell Grants, Federal Supplemental Educational Opportunity grants, Federal Work Study Program, PLUS, Stafford loans, and Perkins loans
  • Individual Development Account (IDA) withdrawals for the purchase of a home, medical expenses, or educational expenses
  • One-time cash payments,; including tax refunds, Earned Income Tax Credit (EITC) and Advanced EITC, one-time insurance payments, gifts, and lump sum inheritances
  • VISTA and AmeriCorps living allowances and stipends
  • Noncash or in-kind benefits such as employer-paid fringe benefits, food, or housing received in lieu of wages
  • Foster care payments and adoption assistance
  • Special military pay or allowances, including subsistence allowances, housing allowances, family separation allowances, or special allowances for duty subject to hostile fire or imminent danger
  • Income from a child in the household between 14 and 19 years of age who is attending school
  • Early withdrawals from qualified retirement accounts specified as hardship withdrawals as classified by the Internal Revenue Service (IRS)
  • Unemployment compensation
  • Child support payments
  • Cash assistance payments, including Temporary Assistance for Needy Families (TANF), Supplemental Security Income (SSI), Refugee Cash Assistance, general assistance, emergency assistance, and general relief
  • Onetime income received in lieu of TANF cash assistance
  • Income earned by a veteran while on active military duty and certain other veterans' benefits, such as compensation for service-connected death, vocational rehabilitation, and education assistance
  • Regular payments from Social Security, such as Old-Age, and Survivors Insurance Trust Fund
  • Lump sum payments received as assets in the sale of a house, in which the assets are to be reinvested in the purchases of a new home (consistent with IRS guidance)
  • Payments received as the result of an automobile accident insurance settlement that are being applied to the repair or replacement of an automobile
  • Any income sources specifically excluded by federal law or regulation

ADDITIONAL RESOURCES
Work in Texas Job Matching Resource Workforce Solutions Network Partners
QUICK CONTACT
1206 SW 7th Ave.
Amarillo, Texas 79101
806.372.5521

Auxiliary aids and services are available upon request to individuals with disabilities. Equal Opportunity Employer/Program. Deaf, hard-of-hearing or speech impaired customers may contact: Relay Texas: 800-735-2989 (TDD) and 711 (Voice)