Question: Jacob works full - time and has $ 9 8 9 in groSS monthly carnng from his employment. He has 3 children and paysdavcare $

Jacob works full-time and has $989 in groSS monthly carnng from his employment. He has 3 children and paysdavcare $300 per month. He pays $400 month rent, no utility costs. What is his monthly allotment2Step 1: AEBFG: SNAP Gross Income BudgetGross Monthly Self-employment Earnings (after subtracting business expenses)Total Gross Monthly Earned IncomeTotal Gross Monthly Unearned IncomeFarm LOSSTotal Gross IncomeCircle: SkipMax Gross for AG SizeSSkip: AG contains an elderly or disabled member or is categorically eligible. Proceed to Step 2.Pass: AG's total gross income is less than or equal to max gross for AG size. Proceed.to Step 2.Gross Income Test: AG SizeStep 2 AEBEN: SNAP Net Income BudgetTotal Earned IncomeTotal Unearned IncomeFarm LoSsTotal Gross IncomeTotal Medical CostsMedical DeductionExcess Medical Expense1f none. carry over zero)Shelter CostsUtility AllowanceTotal Shelter/Utility Costs50% of Adjusted IncomeExcess Shelter/Utility Cost($552 limt unless AG contains an elderly or disabled member)AG SizeAssistance Group SizeNet Adiusted InconeTotal Gross IncomeStep 3: AEBFB: SNAP Benefit Determination Budget20% Earmed Income DeductionStandard DeductionExcess Medical ExpcnsesDependent Care DeductionChild Support DeductionAdjusted Income(S544 SUA, S351 LUA, $78 SINGLE, $39 PHONE)Excess Shelter DeductionNet Adjusted IncomeMax Net for AG Size $Circle: SkipNet Income Test:Skip: AG is categorical ly eligible or qualifies for expanded categorical eligibility. Proceed to Step 3.Pass: AG's net adjusted income is less than or equal to the max net for AG size. Proceed to Step 3.Fail: AG's net adjusted income exceeds the max net for AG size. Stop and deny or terminate FA.Note: most AGs are not subject to the net income test due to expanded categorical eligibility.Pass FailSNAP Allot. Amount30%0fNet Adjusted Income (round up)Monthly AllotmentPass FailNote: Eligible 1 and 2 person AGs qualify for a "minimum benefit" of $15 except in an initial month.Fail: AG's total gross income exceeds the max gross for AG size. Stop and deny or terminate FA.
Jacob works full - time and has $ 9 8 9 in groSS

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!