Mississippi Administrative Code
Title 23 - Division of Medicaid
Part 104 - Income
Chapter 2 - What is Income
Rule 23-104-2.3 - Types of Income
Universal Citation: MS Code of Rules 23-104-2.3
Current through September 24, 2024
A. Income is either earned or unearned.
B. Different rules apply to each type of income.
C. Some examples of the types of income are listed below:
1. Earned income consists of the
following types of payments:
a)
Wages;
b) Net earnings from
self-employment (NESE);
c) Payments
for services performed in a sheltered workshop or work activities
center;
d) Royalties earned by an
individual in connection with any publication of his work and any honoraria
received for services rendered.
2. Unearned income consists of the following
types of payments:
a) Annuities, pensions, and
other periodic payments;
b) Alimony
and support payments;
c) Dividends,
Interest and royalties (except for royalties mentioned above);
d) Rents;
e) Benefits received as the result of
another's death to the extent that the total amount exceeds expenses of the
deceased last illness and burial paid by the beneficiary;
f) Prizes and awards;
g) In-kind support and maintenance.
Social Security Act §1902 (r)(2); 42 CFR §435.601(b) (Rev 1994).
Disclaimer: These regulations may not be the most recent version. Mississippi 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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
