I 864 and poverty guidelines

[VetsWife328 7]

Got a question about the Poverty Guidelines.......My Sweetie lost his job in May and is currently on Unemployment,he's also getting a VA disability check each month.We're hoping that he'll have new job as soon as he's got his A&P Lisence in about 6 weeks.But what counts as Income? Only what someone's making at work ,or also VA check and a period of Unemployment money?

Thanks

Nat

[Yodrak 7]

Nat,

Income: "a gain or recurrent benefit usually measured in money that derives from capital or labor; also: the amount of such gain received in a period of time" merriam-webster.com

Keep in mind that current income not only needs to be sufficient, it needs to be sustainable. No one can predict the future, but a source of income that clearly will end is not as good as a source of income that has a chance of continuing.

Yodrak

Got a question about the Poverty Guidelines.......My Sweetie lost his job in May and is currently on Unemployment,he's also getting a VA disability check each month.We're hoping that he'll have new job as soon as he's got his A&P Lisence in about 6 weeks.But what counts as Income? Only what someone's making at work ,or also VA check and a period of Unemployment money?

Thanks

Nat

Edited July 3, 2006 by Yodrak

[dwar49 0]

Yodrak is right,

Specifically though the VA check does count toward income.

I would think that the unemployment benifit does also, but not 100% sure on that.

[VetsWife328 7]

OK thanks for the info.I figured the VA chack counts.So that as of right now means that we're 8800$ short...Well let's hope he'll get the A&P License quick and then the new job soon.

Keep us in your prayers guys it all depends on that now!

Nat

[Mew 0]

If the VA thing counts and you're still short of income, what about a co-sponsor?

[VetsWife328 7]

There is non..........