Regarding child support payments, when the child turns 18 and is still receiving payments for arrears, would the PHA count this as annual income?
Yes. Pursuant to 24 CFR 5.609, annual income means all amounts, monetary or not, which goes to, or on the behalf of, the family head or to any other family member, that are anticipated to be received from a source outside the family during the 12-month period following admission or the annual reexamination effective date. 3. Question: If a family receives different amounts each month (e.g., $500 – $700) in child support payments, and, for one month, receives a lump-sum payment of $10,000 for arrears, must the PHA project annual income including the $10,000? HUD’s Answer: For the year in question, the $10,000 is income received for child support and should be counted as usual. Answer: See Question# 5, under Annual Income-What Is Included, on the General Income and Rent Determination Web Page, for the answer to this question.
Related Questions
- I was divorced in 2010, and have made monthly child support payments to my ex-spouse since the divorce was final. May I claim that child that is in his/her custody as my dependent for tax purposes?
- Does the child support have to cover all the time since the child was born, creating arrearages just at the time the current payments are starting?
- Regarding child support payments, when the child turns 18 and is still receiving payments for arrears, would the PHA count this as annual income?