WAC 182-509-0370 MAGI income -- How self-employment income is counted.

WAC 182-509-0370 MAGI income -- How self-employment income is counted.

Effective September 13, 2021.

For purposes of determining eligibility for modified adjusted gross income (MAGI)–based Washington apple health, the medicaid agency counts self-employment income by:

1. Adding together gross self-employment income and any profit made from selling business property or equipment over a period of time; and 
2. Subtracting business expenses and income deductions allowed by the Internal Revenue Service that the person would be entitled to if they were filing a federal tax return and either:
   1. Averaging the income to come up with a monthly amount based on the period of time the business has been in operation within the last year; or
   2. Averaging the income over a representative period of time if the current income does not represent the person's projected income as shown by clear indications of future changes in income; or
   3. By averaging the self-employed income and deductions claimed on the previous year's tax return over a representative period of time.