Income Test
/ˈɪnkʌm tɛst/
Definitions
- (n.) A legal evaluation mechanism to determine eligibility for benefits or obligations based on an individual's or household's income level.
The social welfare program requires an income test to qualify applicants for assistance.
Forms
- income test
- income tests
Related terms
See also
Commentary
An income test is often combined with other criteria like asset tests; precise thresholds and calculation methods vary by jurisdiction.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.