Volume X Policy Update MS 99782 TAX REBATE CHECKS
OM Upd. No. 08-06 5/1/08
Starting in May, 2008 and continuing through the summer the U.S. Treasury will send tax rebate checks to more than 130 million individuals. A. For K-TAP cases, rebate checks are considered excluded income and resources. B. For Medicaid and Food Stamp cases, the rebate checks are considered in the following manner: 1. In the month of receipt and the following two months rebate checks are considered excluded income and resources. 2. Any proceeds from this rebate retained after the third month shall then be considered a resource. 3. For vendor payment recipients, i.e., NF or Waiver cases, the funds must be disposed during the month of receipt or the following two months. Any funds remaining after that point will be a countable resource. Rebate checks will be subject to offset against outstanding tax and non-tax liabilities in the same fashion as regular tax refunds. Patricia R. Wilson, Commissioner
Volume II The following manual section is cross-referenced with this update:
MS 5210
Volume III The following manual section is cross-referenced with this update:
MS 2510
Volume IV The following manual sections are cross-referenced with this update: MS 4320 and MS 4385 Volume IVA The following manual sections are cross-referenced with this update: MS 1880 and MS 2465
General Table of Contents Table of Contents
(Vols. I thru X)
Volume X