RENT CALCULATION TEST QUESTIONS
WITH COMPLETE SOLUTIONS
Whensthestotalscashsvaluesofsassetssares$5,000sorsless,susesthesactualsincomesderivedsfro
msthesasset.sT/Fs-sans--T
CashsValuesofsAssetss-sans--MarketsValuesofsAssets-sExpensesstosconvertstoscash
AnticipatedsIncomesfromsassetss-sans--InterestsandsDividendssfromsansasset
Assetssofsas15syearsoldsminorsare:sIncludedsorsExcluded?s-sans--Included
Assetssthatsarespartsofsansactivesbusinesssorsfarmingsoperationsare:sIncludedsorsExcluded?s
-sans--Excluded
Whensansassetshassbeensdisposedsofsforslesssthansfairsmarketsvalue,syousmustsincludesthes
assetsfor:s-sans--2syearssfromsthesdatesthesassetswassdisposedsof
ThesamountsincludedsinsannualsincomesofsasFTSswhosissworkingsis:s-sans--Thesfirsts$480
Asresidentsservicesstipendsissasmodestsamountsnotstosexceeds-sans--$200
Asresidentsservicesstipendsmaysinclude:s-sans--hallswatch,slawnscare,sfirespatrol
ImputedsWelfaresbenefitssaresincludedsinsannualsincomesforstwosreasonssonly:s-sans--
WelfaresFraudsandsnonscomplianceswithsaswelfaresselfssufficiencysprogram
PHAssmustscountstheschildssupport/alimonysgrantedstosansindividualsbysthescourtsunlesssth
esindividualscansprovesthatspaymentssaresnotsbeingsreceived.sT/Fs-sans--T
ThesamountsofsSocialsSecuritysincludedsinsannualsincomesissthesnetsamountsaftersMedicare
shassbeensdeducted.sT/Fs-sans--F
WhatsaresthesrequirementssforsEID?s-sans---
sGainedsemploymentsaftersbeingsunemployedsforsasyear+s
-sIncreasedsearningssduringsasjobstrainingsprogramsorseconomicsself-sufficiencysprograms
-sReceivingsTANFspaymentssorsreceivedsinstheslasts6smonths
Ansindividualswhoshassansincreasesinsannualsincomesassasresultsofsearningssmustsbes_____
_____________sasswellsassqualifysforsonesofsthesaboves-sans--disabled
, AnsindividualswhosqualifiessforsEIDshass___stosusesthesexclusions-sans--24smonths
ForsansindividualswhosqualifiessforsEID,sthesPHAsmustsexcludes____%sfromsearningssforsth
esfirsts___smonths.s-sans--100%,s12
ForsansindividualswhosqualifiessforsEID,sthesPHAsmustsexcludes____%sfromsearningssforsth
eslasts___smonths.s-sans--50%,s12
Elderly/disabledsdeductionsis:s-sans--$400
Dependentsdeductionsiss-sans--$480
Dependentssare:s-sans--FTS,sminors,speopleswithsdisabilities
Childcaresexpensessaresallowedsifsthey:s-sans--
enablesasfamilysmemberstosgostoswork,sseeksemployment,sorsgostosschool
Childcaresexpensessaresallowedsforschildrensunders___sasswellsas:s-sans--
13,sfosterschildren
Disabilitysexpensessaresallowedsifstheysenablesasfamilysmembersto:s-sans--work
AsFamilyscansclaimsdisabilitysexpensessfor:s-sans--
Attendantscaresandsauxiliarysapparatussexpenses
Thesallowablesunreimbursedsmedicalsexpensessarestosthesextentsthessumsexceedss__%sofs
annualsincomes-sans--3
Medicalsexpensessaresdeductedsforselderly/disabledsmemberssofsthesfamilysonly.sT/Fs-
sans--F
Whosissresponsiblesforssettingsmedicalsreimbursementspolicies?s-sans--ThesPHA
Ifsasfamilysqualifiessforsmedicalsandsdisabilitysexpenses,sthes3%sthresholdsissdeductedsfroms
thesmedicalsexpensessandsanothers3%sissdeductedsfromsdisabilitysexpenses.sT/Fs-sans--F
thesPHAsmustschargesasfamilysnoslesssthansasminimumsmonthlysrent.sThesPHAsmustsestabli
shsasminimumsrentsbetweens_____s-sans--$0-$50
Asfamilysmaysrequestsfinancialshardshipsfromspayingsminimumsrent.sIfstheshardshipsisstemp
orary,sthesPHAsmustsnotsimposesasminimumsrentsduringsas___sdayssuspensionsperiods-
sans--90
Asfamilysmaysrequestsasminimumsrentshardshipsexemptionsunderswhatscircumstances?s-
sans---sdeathsinsthesfamilys
-slosssofsincomes
WITH COMPLETE SOLUTIONS
Whensthestotalscashsvaluesofsassetssares$5,000sorsless,susesthesactualsincomesderivedsfro
msthesasset.sT/Fs-sans--T
CashsValuesofsAssetss-sans--MarketsValuesofsAssets-sExpensesstosconvertstoscash
AnticipatedsIncomesfromsassetss-sans--InterestsandsDividendssfromsansasset
Assetssofsas15syearsoldsminorsare:sIncludedsorsExcluded?s-sans--Included
Assetssthatsarespartsofsansactivesbusinesssorsfarmingsoperationsare:sIncludedsorsExcluded?s
-sans--Excluded
Whensansassetshassbeensdisposedsofsforslesssthansfairsmarketsvalue,syousmustsincludesthes
assetsfor:s-sans--2syearssfromsthesdatesthesassetswassdisposedsof
ThesamountsincludedsinsannualsincomesofsasFTSswhosissworkingsis:s-sans--Thesfirsts$480
Asresidentsservicesstipendsissasmodestsamountsnotstosexceeds-sans--$200
Asresidentsservicesstipendsmaysinclude:s-sans--hallswatch,slawnscare,sfirespatrol
ImputedsWelfaresbenefitssaresincludedsinsannualsincomesforstwosreasonssonly:s-sans--
WelfaresFraudsandsnonscomplianceswithsaswelfaresselfssufficiencysprogram
PHAssmustscountstheschildssupport/alimonysgrantedstosansindividualsbysthescourtsunlesssth
esindividualscansprovesthatspaymentssaresnotsbeingsreceived.sT/Fs-sans--T
ThesamountsofsSocialsSecuritysincludedsinsannualsincomesissthesnetsamountsaftersMedicare
shassbeensdeducted.sT/Fs-sans--F
WhatsaresthesrequirementssforsEID?s-sans---
sGainedsemploymentsaftersbeingsunemployedsforsasyear+s
-sIncreasedsearningssduringsasjobstrainingsprogramsorseconomicsself-sufficiencysprograms
-sReceivingsTANFspaymentssorsreceivedsinstheslasts6smonths
Ansindividualswhoshassansincreasesinsannualsincomesassasresultsofsearningssmustsbes_____
_____________sasswellsassqualifysforsonesofsthesaboves-sans--disabled
, AnsindividualswhosqualifiessforsEIDshass___stosusesthesexclusions-sans--24smonths
ForsansindividualswhosqualifiessforsEID,sthesPHAsmustsexcludes____%sfromsearningssforsth
esfirsts___smonths.s-sans--100%,s12
ForsansindividualswhosqualifiessforsEID,sthesPHAsmustsexcludes____%sfromsearningssforsth
eslasts___smonths.s-sans--50%,s12
Elderly/disabledsdeductionsis:s-sans--$400
Dependentsdeductionsiss-sans--$480
Dependentssare:s-sans--FTS,sminors,speopleswithsdisabilities
Childcaresexpensessaresallowedsifsthey:s-sans--
enablesasfamilysmemberstosgostoswork,sseeksemployment,sorsgostosschool
Childcaresexpensessaresallowedsforschildrensunders___sasswellsas:s-sans--
13,sfosterschildren
Disabilitysexpensessaresallowedsifstheysenablesasfamilysmembersto:s-sans--work
AsFamilyscansclaimsdisabilitysexpensessfor:s-sans--
Attendantscaresandsauxiliarysapparatussexpenses
Thesallowablesunreimbursedsmedicalsexpensessarestosthesextentsthessumsexceedss__%sofs
annualsincomes-sans--3
Medicalsexpensessaresdeductedsforselderly/disabledsmemberssofsthesfamilysonly.sT/Fs-
sans--F
Whosissresponsiblesforssettingsmedicalsreimbursementspolicies?s-sans--ThesPHA
Ifsasfamilysqualifiessforsmedicalsandsdisabilitysexpenses,sthes3%sthresholdsissdeductedsfroms
thesmedicalsexpensessandsanothers3%sissdeductedsfromsdisabilitysexpenses.sT/Fs-sans--F
thesPHAsmustschargesasfamilysnoslesssthansasminimumsmonthlysrent.sThesPHAsmustsestabli
shsasminimumsrentsbetweens_____s-sans--$0-$50
Asfamilysmaysrequestsfinancialshardshipsfromspayingsminimumsrent.sIfstheshardshipsisstemp
orary,sthesPHAsmustsnotsimposesasminimumsrentsduringsas___sdayssuspensionsperiods-
sans--90
Asfamilysmaysrequestsasminimumsrentshardshipsexemptionsunderswhatscircumstances?s-
sans---sdeathsinsthesfamilys
-slosssofsincomes