Current through September 25, 2024
Section 7 AAC 45.440 - Lump-sum earned income(a) If an applicant or recipient works for more than one month before receiving a single payment in full settlement for the work performed, regardless of whether that person is an employee or self-employed, working with or without a contract, the department will (1) prorate the income over the number of months the payment is intended to cover; and(2) in each of the months the applicant or recipient actually works, but not in other prorated or contract months, allow the applicant or recipient the earned income deductions under 7 AAC 45.480 and the child care disregard under 7 AAC 45.485.(b) The income of a seasonally self-employed applicant or recipient will be prorated in accordance with 7 AAC 45.450, regardless of whether the person obtains earned income monthly during the season of work.(c) Income received as a draw, receipt of sales, payment on contract, or any other self-employment income that is, or can be, regularly received at least once a month during a 12-month period or longer will not be prorated under this section. After the non-personal costs of doing business are subtracted in accordance with 7 AAC 45.445, the remainder will be budgeted on a monthly basis and treated the same as employee's wages under this chapter.Eff. 8/5/92, Register 123; am 10/1/97, Register 143; am 1/7/2005, Register 173Authority:AS 47.05.010
AS 47.27.005