2140.1 What is in-kind income?
“In-kind income” is income that is not in the form of cash or negotiable instruments. Examples of in-kind income include real property, food, and occasionally, wages (e.g., room and board or clothing as compensation for employment).
2140.2 How is in-kind income valued?
In-kind income that is unearned and directly satisfies the need for food or shelter is called “in-kind support and maintenance.” It has special rules for valuation. Any other in-kind income is valued at its current market value.
Last Revised: Feb. 24, 2009