Code of Massachusetts Regulations
130 CMR - DIVISION OF MEDICAL ASSISTANCE
Title 130 CMR 520.000 - MassHealth: Financial Eligibility
Section 520.010 - Business Expenses
Universal Citation: 130 MA Code of Regs 130.520
Current through Register 1531, September 27, 2024
(A) Self-employment. Allowable business expenses from self-employment are those listed on Schedule C of the U.S. Tax Return form.
(B) Room and Board. For the rental of a room only, the MassHealth agency allows 25% of the income to be deducted as business expenses. For income from both room and meals, the MassHealth agency allows 75% of the income to be deducted as business expenses. The MassHealth agency allows actual expenses only if the provider can document that they exceed these standard deductions.
(C) Rental Income.
(1) Allowable business expenses from rental
income include carrying charges, cost of fuel and utilities provided to
tenants, and any maintenance and repair costs.
(2) If the individual occupies an apartment
in the same building from which he or she receives rental income, carrying
charges are prorated per unit. The cost of fuel and utilities are prorated if
they are paid through a single heating unit or meter.
(3) The MassHealth agency may deduct actual
maintenance and repair costs, other than cosmetic changes, from the amount of
rental income if the individual verifies such expenses.
Disclaimer: These regulations may not be the most recent version. Massachusetts may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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