In a future blog, we’ll discuss the terms Housebound and Aid and Attendance. Again, it is crucial to understand how the deduction of medical expenses plays such a vital role in determining yearly income.
| 2017 Family Income Limits (Effective Dec 1, 2016) | |
| If you are a… | Your yearly income must be less than… * |
| Veteran with no dependents | $12,907** |
| Veteran with a spouse or a child | $16,902*** |
| Housebound veteran with no dependents | $15,773 |
| Housebound veteran with one dependent | $19,770 |
| Veteran who needs aid and attendance and have no dependents | $21,531 |
| Veteran who needs aid and attendance (A/A) and have one dependent | $25,525 |
| Two Vets Married to Each Other | $16,902 |
| Add for Early War Veteran (Mexican Border Period or WW1) to any category above | $2,932 |
| Add for Each Additional Child to any category above | $2,205 |
| * Some income is not counted toward the yearly limit (for example, welfare benefits, some wages earned by dependent children, and Supplemental Security Income. It’s also important to note that your medical related expenses are considered when determining your yearly family income. * To be deducted, medical expenses must exceed 5% of MAPR, or, $645 ** To be deducted, medical expenses must exceed 5% of MAPR, or, $845 |
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