How to Annualize Five Types of Employment Income
To determine whether a household is eligible to live at your assisted site and how much assistance it should get, you must count income that the household “expects to receive” during its 12-month certification year [HUD Handbook 4350.3, par. 5-5(A)]. This includes amounts household members earn at their jobs. But sometimes you can’t be certain how much employment income household members will actually get during the coming 12 months.