SSI: Eligibility: Income Requirements
Income Requirements For SSI Eligibility: Unearned Income
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Earnings:
Unearned income is any money you receive from:
- Alimony and child support, whether in cash or in kind
- Annuities
- Dividends, interest and royalties on capital investments
- Gifts, including financial assistance from friends and family
- Inheritances
- In kind support or maintenance in the form of food, clothing or shelter
- Investments
- Lottery winnings
- Pensions including other Social Security, VA, and Railroad Retirement
- Periodic payments related to prior work or service
- Prizes and awards
- Rents for the use of real or personal property, after deducting ordinary and necessary expenses
- Royalties other than on published works
- State disability payments, unemployment insurance and workers compensation payments
- Unemployment Insurance benefits
- Workers Compensation benefits
Exclusions: (Do not count:)
- The first $20 per month you receive from any source except other needs-based public assistance such as General Relief
- Up to $20 a month if received on an irregular or infrequent basis
- Grant, scholarship or fellowship used for educational expenses other than any portion used for room and board
- Interest on excluded burial resource
- Transportation tickets for domestic travel received as a gift
- Needs based assistance wholly funded by a state or city
- Home produce
- Disaster relief assistance
- Home energy assistance
- Most food, clothing, or shelter you get from private nonprofit organizations
- Other exclusions such as federal relocation assistance, and l/3rd of support from an absent parent for a SSI recipient who is a child
- Special income exclusions such as reparation payments made to Holocaust survivors, or hostile fire pay
Calculation:
To calculate the effect of unearned income, deduct the first $20.
Then calculate the value of each item, dollar for dollar.
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