507 TREATMENT OF INCOME (FSM)

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All income is considered either:

• excluded, or

• countable.

Excluded income of an assistance group member is not counted when determining eligibility.

Countable income is considered either:

• earned, or

• unearned.

There are allowable deductions and a standard disregard that are deducted from both earned and unearned income. Earned income is separated from unearned income due to additional disregards which are allowed for earned income only. See Chapter 600, Standards and Budgets, for policy regarding disregards, deductions, and budgeting.