What is PASS: Calculating a PASS


		Calculating a PASS

Purpose of PASS
Effect of PASS on Benefits
PASS Approval Requirements
PASS Expenditures
PASS Candidates
Developing a PASS
Starting a Business Under PASS
Calculating a PASS
	Example
		Scenario One
		Scenario Two
		Scenario Three
		Scenario Four
		Comparison
	Worksheet
Two Factors Affecting PASS and SSI Check
Effect of In-kind Support
Deciding Between PASS and IRWE
PASS and Social Security
Responsibilities
Final Comments on PASS

	Individual working & using a PASS
Unearned Income		$220.00
General Income Exclusion†	-	$ 20.00
Countable Unearned Income		$200.00

Gross Earned Income		$462.00
Student-Earned Income Exclusion	-	$0
Remainder		$462.00
GIE if not used above	-	$0
Remainder		$462.00
Earned Income Disregard	-	$65.00
Remainder		$397.00
Impair. Related Work Exp.	-	$0
Remainder		$397.00
Divided by 2		/2
Remainder		$198.50
Work Expenses if Blind	-	$0
Total Countable Earned Income		$198.50

Total Countable Unearned Income		$200.00
Total Countable Earned Income	+	$198.50
Countable Income		$398.50
PASS Deduction	-	$150.00
Total Countable Income		$248.50

Base SSI Rate		$603.00
Total Countable Income	-	$248.50
Adjusted SSI Benefit		$354.50

Useable Monthly Income		$1036.50††
†Can be applied to any income if no other unearned income is received. †† From this $150.00 must be set aside for PASS expenses leaving an adjusted monthly income of $795.50