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Get the free 2015 2016 Household Resources Worksheet ... - Kaplan University

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How to fill out 2015 2016 household resources:

01
Gather all relevant financial documents and records from the years 2015 and 2016, including income statements, bank statements, and tax returns.
02
Begin by identifying and listing all sources of income for the household during the specified time period. This may include wages, salaries, rental income, investments, and government benefits.
03
Calculate the total income for each year by adding up the amounts from all sources. Make sure to accurately record the figures.
04
Next, determine and record any deductions or expenses that may be applicable to the household. This can include mortgage or rent payments, utilities, medical expenses, education expenses, and child care costs.
05
Subtract the deductions or expenses from the total income to calculate the household's monthly or annual disposable income.
06
Repeat the above steps for both 2015 and 2016, making sure to keep the information separate for each year.
07
Finally, review the filled-out household resources form for accuracy and completeness before submitting it.

Who needs 2015 2016 household resources?

01
Individuals or families applying for government assistance programs may be required to provide information on their household resources for the years 2015 and 2016. This can include programs such as food stamps, Medicaid, subsidized housing, and other financial aid programs.
02
Employers or financial institutions may request household resources information when evaluating loan applications or financial eligibility for certain programs.
03
Accountants or tax professionals may need access to the household resources data to accurately prepare tax returns or provide financial planning advice.
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The household resources worksheet is a document used to calculate and report the total assets and income of a household.
Households receiving certain benefits or assistance programs may be required to file a household resources worksheet.
To fill out the household resources worksheet, one must gather all relevant financial documentation and accurately report all assets and income.
The purpose of the household resources worksheet is to assess the financial eligibility of individuals or families for certain benefits or assistance programs.
Information such as total income, savings, investments, property, and other assets must be reported on the household resources worksheet.
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