Wednesday, February 23, 2022 - 9:00am
The HOME Investment Partnership program allows HOME Participating Jurisdictions (the allocation and monitoring agency) to require that housing providers in their jurisdiction use the “1040 Method” to determine a HOME-assisted tenant’s income. However, contrary to popular belief this method is much more complex than simply obtaining a household’s tax return.
In this 2-hour session, Amanda Lee Gross provides attendees with clear and understandable guidance on how to determine a household’s income using the IRS 1040 Method.
This session will cover the following topics:
This engaging and interactive session utilizes numerous examples and exercises to ensure attendees complete the session with a thorough comprehension of how to accurately determine income using the IRS 1040 Method.« Back to Calendar