9050.0755 Calculation Of Chargeable Income Of Applicant Or Resident


Published: 2015

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9050.0755 CALCULATION OF CHARGEABLE INCOME OF APPLICANT OR RESIDENT.

The chargeable income of an applicant or resident is as follows:

§
A.

total the person's gross income according to part 9050.0710;


§
B.

subtract from the total gross income the applicable expenses or deductions in parts 9050.0720 to 9050.0750 to get the net income;


§
C.

subtract from net income $90 for personal needs;


§
D.

multiply item C by 0.05 and deduct this amount from item C; and


§
E.

the sum calculated in item D is the applicant's or resident's monthly chargeable income.