This article aspires to foster the debate around the methods for measuring time and income poverty. In the last fifteen years a few studies (Dorn et al. in RIW, 2023; Harvey and Mukhopadhyay in SIR 82, 57-77, 2007; Bardasi and Wodon in FE 16, 45-78, 2010; Zacharias in LEIBCWP. https://doi.org/10.2139/ssrn.1939383, 2011; Merz and Rathjen in RIW 60, 450-479, 2014) attempted to measure multidimensional deprivation including time poverty in the definition. Some of them (Bardasi & Wodon in FE 16, 45-78, 2010; Harvey & Mukhopadhyay in SIR 82, 57-77, 2007; Zacharias in LEIBCWP. https://doi.org/10.2139/ ssrn.1939383, 2011) put unpaid work-and, therefore, gender inequalities in the division of work-at the center. Despite the fact that the Levy Institute Measure of Time and Income Poverty (LIMTIP) was first presented more than a decade ago (Zacharias in LEIBCWP. https://doi.org/10.2139/ssrn.1939383, 2011), the measure was always employed in reports and never empirically discussed in an academic article. Here I want to fill this gap in the debate by comparing the LIMTIP to the other measures and by applying it to a new case- Italy-furthering the exploration around the linkages between gendered time allocation, employment patterns and household wellbeing in a country characterized by an extraordinary low women's participation in the labor market and an equally extraordinary wide gender gap in unpaid care and domestic work.