(A) Unless specifically listed as exempt income in rule 5101:1-40-201 of the Administrative Code, all income is considered as nonexempt income and is to be deducted from the need allowance. In the determination of financial need, the amount of gross monthly income must first be established. Deductions, when applicable, are then made from monthly gross income.
(B) In calculating gross nonexempt income (both earned and unearned), the amount shall be rounded down to the nearest whole dollar by dropping all cents. All cents in gross weekly, biweekly, or semimonthly income shall be dropped prior to applying the conversion factors to convert the income into a standard month. All cents shall be dropped before and after multiplying by the appropriate conversion factor, prior to applying the earned income disregards. Hourly rates which contain cents are not rounded but are converted in the exact amount.
(C) Gross nonexempt income (both earned and unearned) which is received in a frequency other than monthly must be converted to a standard month rather than adjusting income each month.
Conversion shall be performed using the following factors:
(1) Income received on a weekly basis is multiplied by 4.3.
(2) Income received biweekly (every two weeks) is multiplied by 2.15.
(3) Income received semimonthly (twice a month) is multiplied by 2.
(D) In situations in which an individual has fluctuating income, the income must first be averaged (as set forth in rule 5101:1-40-204 of the Administrative Code) to arrive at a figure to be converted into monthly income.
(E) In calculating the expenses which may be subtracted from gross nonexempt income, the actual amount of each expense shall be used in the calculation. The sum of these expenses shall be deducted from the individual’s rounded-down monthly income prior to rounding down in the determination of countable income.
(F) If there are different categories of allowable expenses, the actual amount of the expenses are added by category. The sum of each category of expenses shall be deducted from the corresponding category of rounded-down gross monthly income.
HISTORY: Eff 11-1-76; 5-14-77; 4-5-79; 10-1-81; 12-1-82; 3-1-84; 10-1-84 (Emer.); 12-27-84; 8-1-86 (Emer.); 10-3-86; 10-1-88 (Emer.); 12-20-88; 10-1-89 (Emer.); 12-16-89; 5-1-91; 10-30-95; 10-31-97 (Emer.); 1-26-98
Rule promulgated under: RC 111.15
Rule authorized by: RC 5111.01, 5111.011
Rule amplifies: RC 5111.01, 5111.01
REPLACES PART OF FORMER RULE 5101:1-23-03
REVIEW DATE: 1/26/03