Anticipated income is a means of calculating the household's monthly income. Before using an anticipated income calculation, determine if the household's income qualifies for an actual income calculation.
This calculation uses an average of verified and representative gross pay amounts to determine the amount of countable income.
Is it representative?
The income used to anticipate income must be representative. To determine if the income is representative, ask if, based on the available verification, the client is going to receive this type of payment again. If you expect the income to continue, then it is representative.
Converting to a monthly amount
When the income payments occur more frequently than once per month, you must convert this income to monthly income.