INCOME

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Income for VA purposes is all income of the veteran and the veteran's dependents, including: 

  • Wages
  • Social Security Retirement or Disability Benefits
  • Private Pensions
  • Investment Income
  • Inheritances
  • Lottery Winnings

Income for VA purposes excludes the following sources:

  • SSI and Public Welfare
  • Earned income of children less than the minimum amount for which a single person pays Federal income tax
  • Income of dependent children not available to the veteran
  • Income of dependent children to the extent that it is a financial hardship on the veteran