NEW MANAGERS SERIES: Fundamentals of Expenses and Deductions
During this course, participants will learn about the different categories of deductions; which households are eligible for which deductions; and, of course, how to calculate them. We’ll dive into the “gray area” a bit to cover inclusions and exclusions, and what types of verifications are required to support medical expenses. How do you accurately calculate medical expenses from a shoe box full of receipts? Where do you draw the line on “eligible medical expenses”? How accurately do you project child care expenses for school age kids? Get ready for interaction……We will test your understanding of the regulations via real life scenarios.
If necessary clarifications are released by HUD in advance of this series, materials might be updated to reflect HOTMA.
