Income Rules

Florida is an income cap state meaning that an applicant for Medicaid’s Institutionalized Care Program (ICP) benefits must satisfy the income cap criteria.  The income cap in Florida is $2,022, however if an applicant’s income is in excess of this amount, they may establish what is commonly referred to as a qualified income trust (QIT).  It is also important to note that when calculating an applicant’s income, DCF calculates the applicant’s income by using their gross income.  A QIT is required when the applicant’s gross income is excess of $2,022.  The QIT must be properly funded on a monthly basis in order for the applicant to continue receiving ICP benefits.