Clarifying information
Individuals have the option to report their income that is most representative of their current circumstances.
Example 1: A fisherman works seasonally during the summer months and his family lives off his income the rest of the year. In his case, it is in his best interest to average his income over the course of the year to determine eligibility.
Example 2: An individual was employed and lost her job. She is now receiving unemployment compensation and actively looking for work. Because her income has changed and she cannot anticipate her future earnings, it is in her best interest to report her current unemployment benefits.
Example 3: An individual receives infrequent disbursements from an IRA as his sole source of income. Because this income is received infrequently but will continue, it is in his best interest to average this income over a period of time or take a yearly average.