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Guide for Completing Form 8823 - page 52 / 197

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52 / 197

*Resident Services Stipend*

Items Excluded from Income (Miscellaneous)

dividends from mutual funds held in their name. Unearned income of minor children should be included even if the child is temporarily absent.

*Resident service stipend is a modest amount received by a resident for performing a service for the owner, on a part-time basis, that enhances the quality of life in the LIHC housing. Such services include, but are not limited to, fire patrol, hall monitoring, lawn maintenance, and resident initiatives coordination. If the resident stipend exceeds $200 a month, the stipend is included in income. If the stipend is $200 or less, the stipend is excluded from income.*

This section includes a description of miscellaneous sources of funds and how they should be treated for purposes of determining the household’s income. Refer to HUD Handbook

    • 4350.3

      , Chapter 5, and Exhibit 5-1 for additional information.

  • 1.

    Lunches and food received through food programs such as Women, Infants and Children (WIC), amounts received under the School Lunch Act, Meals on Wheels, food stamps, are not included in income.

  • 2.

    Amounts paid to a family to offset the costs of services or equipment needed to keep a developmentally disabled family member at home are excluded. By Federal statute, the value of food stamps is not included in income.

  • 3.

    Amounts received by the household that are specifically for, or in reimbursement of, the cost of medical expenses for any member of the household are not included in income.

4. Adoption assistance payments in excess of $480 per adopted child are not included in income.

5. Payments received for the care of foster children or foster adults are not included in income.

  • 6.

    Personal loans, since they must be repaid, are not included in income.

  • 7.

    Amounts received by the household in the form of refunds or rebates under state or

local law for property taxes paid on the dwelling unit are not included in income.

  • 8.

    Reparation payments paid by a foreign government pursuant to claims filed under the laws of that government by persons who were persecuted during the Nazi era are not included in income. Examples include payments by the German or Japanese governments for atrocities committed during the Nazi era.

  • 9.

    Any amount of crime victim compensation (under the Victims of Crime Act) received through crime victim assistance (or payment or reimbursement of the cost of such assistance) as determined under the Victims of Crime Act because of the commission of crime against the applicant under the Victims of Crime Act (42 U.S.C. 10602) is not included in income.

  • 10.

    Income from assets, and amounts received on behalf of, someone who does not reside in the household are not included in income, as long as (1) the amounts are not intermingled with the household’s funds and (2) the amounts are used solely to benefit the person who does not reside within the household. For

4-21

Revised October 2009

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