The federal poverty level is the guideline that determines who receives assistance. It's used for Medicaid, food stamps, ACA, and other federal programs.
To calculate the percentage of the poverty level, divide income by the poverty guideline and multiply by 100. So, a family of five in New Jersey with an annual income of $80,000 would be calculated to earn ($80,000 ÷ $32,470) x 100 = 246% of the federal poverty guidelines for ...
2022. Accessed February 26, 2023. https://www.cbpp.org/research/poverty-and-inequality/tracking-the-covid-19-economys-effects-on-food-housing-and 12. Waxman E, Gupta P, Gonzalez D. Six months into the pandemic, 40 percent of parents with young children have experienced economic...
Patricia is a U.S. citizen who is helping her fiancé obtain a K-1 visa. She must submit Form I-134 to show that her income is at least 100 percent of the Federal Poverty Guideline. Currently, Patricia is unmarried and living in Alaska. Therefore, for a household of 2, she must ha...