Beginning with 2024, income is no longer based on federal PAAD standards. With few exceptions, all income that you received during the year must be taken into account when determining eligibility. This includes:
You must allocate jointly owned income sources based on your percentage of ownership.
You cannot apply a loss in one category of income against income or gains in another.
Income not to include
For more information on reporting income, see the Senior Freeze instructions.
View the Income Limits History.