Thursday, June 22, 2023 - 9:00am
Registration is open!
This virtual training will be presented as two, 2-hour webinars provided by trainers Shawna Moraille and Jayme Abbott.
Topics will include:
Income Basics
Key Terminology
Using the Two Definitions
Overview of Income Eligibility Process
Resources
Determining Income
Determination of Applicant Household
Verification of Income
How to Read a Tax Return
Wage Rates and Variations in Pay
Other Common Sources of Income
Timing of Income Verifications
Annual Income Reverification
Calculating Gross Income: Using the Two Definitions
Part 5 Definition
Income Inclusions and Exclusions
Asset Inclusions and Exclusions
IRS 1040 Definition
Taxable Income Inclusions and 1040 Adjustments
Taxable Assets
Demonstration of CPD Income Eligibility Calculator
Overall Income Policies, Procedures, and Recordkeeping
Calculating Adjusted Income/Tenant Based Rental Assistance – only for those operating TBRA programs