FAA4.H Unearned Income (UNIN UNIC) : 03 Types of Unearned Income - Overview : MMM Veterans Administration (VA) Benefits
MMM Veterans Administration (VA) Benefits
Veterans Administration (VA) benefits include payments for disability, retirement, and survivors, and are countable. VA benefits are paid to the following:
Dependents of a veteran
Survivors of a veteran
Veterans Administration Educational Benefits are considered educational income. (See Montgomery GI Bill)
Count the amount of the payment when received. Key the income next to the participant for whom it is intended. Key the code in the INC TYPE field on UNIC: Do not count VA benefits paid to a participant born with a covered birth defect(g) whose mother is a Vietnam veteran.
Key the VA SB Unearned Income Code in the INC TYP field on UNIC.
Do not count Vocational Rehabilitation benefits that duplicate any items within the standard of basic needs(g).
Key the VA VR Unearned Income Code in the INC TYP field on UNIC.