griffcher Posted December 24, 2009 Share Posted December 24, 2009 Can I make any money if I am on IU? Link to comment Share on other sites More sharing options...
HadIt.com Elder john999 Posted December 25, 2009 HadIt.com Elder Share Posted December 25, 2009 IU is concerned with "earned income" and not "passive income" like form investing. If the income you get involves a W-2 form it is earned income, or if you pay SSA on it then avoid that kind of income. Link to comment Share on other sites More sharing options...
jerrbilly Posted December 25, 2009 Share Posted December 25, 2009 That's a good point. W-2 form would only come from an employer. I get a different form from my broker every year. MERRY XMAS! Jerr IU is concerned with "earned income" and not "passive income" like form investing. If the income you get involves a W-2 form it is earned income, or if you pay SSA on it then avoid that kind of income. Link to comment Share on other sites More sharing options...
lowe124 Posted December 25, 2009 Share Posted December 25, 2009 See 38 CFR 4.16a which says marginal employment shall not be considered substantially gainful employment. For purposes of this section, marginal employment generally shall be deemed to exist when a veteran's earned annual income does not exceed the amount established by the U.S. Department of Commerce, Bureau of the Census, as the poverty threshold for one person. The current poverty limit is something over 10,000. So you can earn up to this amount and it is not considered substantially gainful employment. As long as you do not earn over this limit, you can work at a job and get IU at the same time. Link to comment Share on other sites More sharing options...
jerrbilly Posted December 25, 2009 Share Posted December 25, 2009 I saw this reg too but you have to remember unemployability means unemployable as far as definition goes. But hey, if you feel you can work and aren't IU anymore then by all means go for it. Just know the risks. HAPPY HOLIDAYS! jerr See 38 CFR 4.16a which says marginal employment shall not be considered substantially gainful employment. For purposes of this section, marginal employment generally shall be deemed to exist when a veteran's earned annual income does not exceed the amount established by the U.S. Department of Commerce, Bureau of the Census, as the poverty threshold for one person. The current poverty limit is something over 10,000. So you can earn up to this amount and it is not considered substantially gainful employment. As long as you do not earn over this limit, you can work at a job and get IU at the same time. Link to comment Share on other sites More sharing options...
HadIt.com Elder LarryJ Posted December 26, 2009 HadIt.com Elder Share Posted December 26, 2009 I saw this reg too but you have to remember unemployability means unemployable as far as definition goes. But hey, if you feel you can work and aren't IU anymore then by all means go for it. Just know the risks. HAPPY HOLIDAYS! jerr Just as I said, "do what you deem is in your best interest.....", and be prepared to suffer quietly if your action was not (in your best interest, that is). :) Link to comment Share on other sites More sharing options...
HadIt.com Elder john999 Posted December 26, 2009 HadIt.com Elder Share Posted December 26, 2009 If you get investment money from real estate that is fine. If you actively manage real estate for someone else and get a paycheck that is not fine for IU. If you make 100$ more than the very minimum poverty level and the VA starts to investigate then you may have a big problem. When you have IU and fly under the radar you become invisible to the VA. That is where you want to stay. Link to comment Share on other sites More sharing options...
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griffcher
Can I make any money if I am on IU?
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