Annual Income - The anticipated total income of an eligible family from all sources for the 12 month period following the date of determination of income, computed in accordance with regulations

Adjusted Income - Annual income, less allowable HUD deductions and allowances (including the Dependent Allowance of $480 for each family member who is a minor, family members who are 18 and older who are full time students or who are disabled as well as the Elderly/Disabled Allowance of $400 per family for families whose head of household or spouse is 62 or over or disabled, Allowable Medial Expenses for all family members of an eligible elderly/disabled family, Allowable Child Care Expenses and Allowable Disability Assistance Expenses)