EXAMINATION TEST 2026 FULL QUESTIONS
AND CORRECT ANSWERS
◉Seasonal Employment Calculations. Answer: Method 1
Annualize current income, and conduct an interim
reexamination when the income changes.
Job 1: x a month x 12 months = x per year
then at re-exam
Job 2: x a month x 12 months = x per year
Method 2
Calculate the actual anticipated income from all known
sources for the entire year. This means there will be no
interim reexamination when the income changes as
already anticipated. However, to use method 2, a
history of the individual's income from past years is
needed. This method cannot be used when the future
,income source is "unknown" or "none".
Job 1: x a month x 8 months = x per year
Job 2: x a month x 4 months = x per year
Total for annual
◉Adult Full Time Students. Answer: Include only the first $480 of
earned income in annual income.
Any financial assistance of a student residing with parents is
excluded from annual income.
◉Social Security Benefits. Answer: If Social Security Benefits are
reduced to make up for prior overpayments by the SSA, include the
amount provided, not the amount that would have been provided if
no error had been made.
◉Military Pay. Answer: Count all regular pay, special pay, and
allowances of a
member of the armed forces (whether or not living in
the dwelling).
Exclude the special pay for exposure to hostile fire.
, ◉Asset Income. Answer: • Income from assets - for example, interest
on savings
accounts, stock dividends, net income from real or
personal property - is counted when determining
annual income.
• Rental income is not considered "business income" if
there is only one property rented out and the rental is
not approached as a business.
◉Sporadic Gifts. Answer: Casual contributions or sporadic gifts are
not included as income.
◉Regular Contributions & Gifts. Answer: • PHAs must include as
income regular contributions
and gifts from persons outside the household.
• This may include rent and utility payments paid on
behalf of the family and other cash or non-cash
contributions provided on a regular basis.
◉Periodic Payments & Allowances. Answer: • Social Security (full
amount of Social Security prior to