Earned Income Tax Credits (EITC) & Veterans Benefits (VA)
The Earned Income Tax Credit (EITC) is a federal income tax credit for individuals who work and have earned income under certain levels. One goal of the EITC is to reduce or offset the amount of payroll taxes while at the same time encouraging individuals who might otherwise receive other public benefits to seek employment. Veterans Benefits are available to veterans of the United States Armed Services and, at times, their dependents for both service and non-service connected disabilities. Both cash and health care coverage may be available to the veteran and, at times, eligible dependents. But how will these benefits impact the receipt or eligibility for SSDI and SSI?