10A NCAC 63D .0308. EARNED INCOME

(a)  Earned income is income in cash or in kind earned through wages, salary, commissions, or other profit from employment and self‑employment activities.

(b)  Earned income does not include:

(1)           returns from capital investments in which the consumer is not actively engaged;

(2)           benefits accrued as compensation or reward for services; and

(3)           compensation for unemployment.

 

History Note:        Authority G.S. 111‑13; 111‑14; 111‑17; 143B‑157;

Eff. February 1, 1976;

Readopted Eff. November 16, 1977;

Amended Eff. August 1, 2002; February 1, 1986.