Field Ops Memo 2008-18: TAFDC, EA, FS, and EAEDC: Treatment of Federal economic stimulus payments
Federal economic stimulus payments received in 2008 are not countable as income for any of the 4 programs. For TAFDC, EA, and FS, the payments also are not countable as an asset in the month received or for two months afterwards. For EAEDC, they are not counted as an asset in the month received or one month afterwards. Anything held longer than these periods will be countable as an asset.
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