New Mexico Administrative Code
Title 8 - SOCIAL SERVICES
Chapter 106 - STATE FUNDED ASSISTANCE PROGRAMS
Part 520 - ELIGIBILITY POLICY - INCOME
Section 8.106.520.10 - EARNED INCOME DEFINITION
Current through Register Vol. 35, No. 18, September 24, 2024
A. Earned income means cash or payment in kind that is received as wages from employment, payment in lieu of wages, earnings from self-employment or earnings acquired from the direct provision of services, goods or property, production of goods, management of property or supervision of services.
B. Earnings include gross profit from self-employment, which requires substantial effort on a continuous basis by the individual who is receiving the income.
C. The use of property, such as inhabiting a home or apartment, is considered as earnings if it is received in exchange for services provided to the person owning or controlling the property, and the applicant or recipient would be legally obligated to make a payment for use of the property.