Tax Credit Basics 6: Employment & Self Employment Income (HOTMA)

Duration
0 Hours
45 Minutes
Package
Low-Income Housing Tax Credit (LIHTC)
Records Score
Yes
Content Provider
Grace Hill
Subject
LIHTC
Supervisor/Employee
ALL

One of the steps to determining a household’s eligibility to live in a program-specific unit is income eligibility. In this course, we discuss the rules surrounding income—in particular, the types we must include and the types we must exclude. We will look at the calculations needed to be performed to annualize income, as well as special considerations for employment and self-employment income.