THE FOLLOWING POLICY DESCRIBES BASE PERIOD INCOME, USE THEINFORMATION TO ANSWER QUESTIONS 11-13. Base Period Income The time period for which an applicant provides income verification is referred to as the "base period." The base period may vary depending on what type of income the applicant recelves. For wages, the base period for computing countable income is the calendar month prior to the month: of application. The base period for computing self-employment income received on an annual basis, such as farm income, is the 12 calendar months prior to the month of application, or tha number of months the business has been in operation iffess than 12 months. The base period for computing income from child support is the three calendar months prior to the month of application The base month for computing income from dividends and interosts tor stocks bonds and other invesiments is the six calenda months prior to the month bl applicetion. The base period for computing incamo at application forleachers and other sendoffemployees under The base month for computing income from dividends and interests for stocks, bonds and other investments is the six calendar months prior to the month of application. The base period for computing income at application for teachers and other school employees under contract is 12 months. Teachers generally sign a 12 -month contract with the school system by which they are employed. Divide the yearly income specified in the current contract by 12 to determine the monthly gross income. Use 12 months to annualize income even if the teacher opts to have the income received over only 10 months. Scenario: Bob applied for Medicaid 12/22/2016. Bob has a job and earns $600 weekly. Ho is paid on Fridays. Q11. What is the monthyear of Bobs base pertod? pctcher 2 2le December 20 it Scenario: Barbara applied for Medicaid 12/28/2016. Barbara receives chiid support in the amount of $1,000 per month. She roceives the payments on the first day of the month. Q12. What is the base period for Barbara's income from child support? August September, October September, October, and November. October. November, December SCENARIQ: Rick has been a self-omployed carpenter for the past five years. Ho applied for Medicaid 12/18/2016. Q13. What is the baso period for Rick. sancome? \( 1 2 \longdiv { 2 0 1 5 } - 1 1 \sqrt { 2 0 8 6 } \) 11/2016=12/2015 August, September, October September, October, and November October, November, December SCENARIO: Rick has been a self-employed carpenter for the past five years. He applied for Medicaid 12/18/2016. Q13. What is the base period for Rick's income? 12/2015/2016 11/261512/2015 12/2015122016