Mc 007 2025

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  1. Click ‘Get Form’ to open the mc 007 document in the editor.
  2. Begin by reviewing the introductory section, which outlines the Medi-Cal property requirements. Familiarize yourself with the definitions of 'real property' and 'personal property' as they are crucial for understanding eligibility.
  3. Proceed to fill out your personal information in the designated fields, ensuring accuracy to avoid delays in processing your application.
  4. In the income section, estimate your countable income by subtracting applicable deductions from your gross income. Use the guidelines provided in the form to ensure you include all relevant deductions.
  5. Review the property limitations table carefully. Enter your total countable property and ensure it does not exceed the specified limits based on your family size.
  6. Once all sections are completed, utilize our platform's features to save and sign your document electronically before submitting it for review.

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➢ Do assets affect my eligibility? Starting on January 1, 2024, assets, such as bank accounts, cash, a second vehicle, and homes, will no longer be counted when determining Medi-Cal eligibility. Income and income from assets, such as income from property, will continue to be counted.
Income from Real Property While the value of property should not be considered as assets are no longer counted, if a Medi-Cal beneficiary receives income from a rental property, the net income from the property will be counted when determining the shared monthly cost (22 CCR 50508).
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