Individual Unemployability question
Create Post
Results 1 to 10 of 10
  1. #1

    Individual Unemployability question

    I am recieving VA Unemployability. I was recently asked to serve on a non profit organization's board as the Executive director. I would not be compensated in any way and I could do it from home. Am i able to without loosing my IU?

    Similar Threads:

  2. #2
    Marine Free Member
    Join Date
    Jan 2004
    Location
    Kansas City, Mo
    Posts
    151
    Credits
    45,274
    Savings
    0
    Yes. You can even earn income as long as you don't perform actual work. For instance, you can make money on investments, you can inherit money or property, and you can make money on property as long as you don't do any actual work.


  3. #3
    Quote Originally Posted by lmholmes11 View Post
    I am recieving VA Unemployability. I was recently asked to serve on a non profit organization's board as the Executive director. I would not be compensated in any way and I could do it from home. Am i able to without loosing my IU?
    I think, or at least in MA it is how it works -- that you can only earn a small percentage of what you get in unemployment. But check your state regs to be sure.

    Good luck, Marine.


  4. #4
    VA regulations are the same, regardless of state.... and by regulation as long as you cannot obtain or maintain GAINFUL employment, your IU is safe... as long as there is no report of income to the IRS,- or Social Security, you're good.....


  5. #5
    Guest Free Member
    Join Date
    Jan 2006
    Location
    Providence County
    Posts
    99,583
    Credits
    98,278
    Savings
    0
    Images
    2
    Correct .


  6. #6
    Ok thanks Marines. I know that they have to include my name and position on their annual Tax form 990 for the organization but my income will be "0", so even if my name is on their return im good right? Sorry just paranoid.


  7. #7
    Guest Free Member
    Join Date
    Jan 2006
    Location
    Providence County
    Posts
    99,583
    Credits
    98,278
    Savings
    0
    Images
    2
    That's a whole differant story.

    Even if you are earing zero income just listing you on an IRS form as Executive Director receiving no salary might raise a red flag... and some questions as to why.

    You should speak to a VA rep or an attorney.
    Just sayin...



  8. #8
    Marine Free Member Riven37's Avatar
    Join Date
    Dec 2002
    Location
    Buffalo NY
    Posts
    801
    Credits
    13,070
    Savings
    0
    Images
    3
    My friend works with wounded warrior’s project and he is 100 percent. On the other hand … I am also a 100 percent and I am not allowed to do any form of work or volunteer work. It all depends on your severity of disability.



    Quote Originally Posted by lmholmes11 View Post
    I am recieving VA Unemployability. I was recently asked to serve on a non profit organization's board as the Executive director. I would not be compensated in any way and I could do it from home. Am i able to without loosing my IU?



  9. #9
    Marine Free Member
    Join Date
    Nov 2009
    Location
    front range
    Posts
    625
    Credits
    32,362
    Savings
    0
    Blog Entries
    1
    a Marine i know. volunteers work at the va hops, received a letter from va stating his rating is under review, he thinks it because of his volunteer work . he dont do that no more, WHO KNOWS rating reviews are looming for almost everyone, i hear P&TS are safe, than i hear no one is safe,


  10. #10
    Marine Free Member Riven37's Avatar
    Join Date
    Dec 2002
    Location
    Buffalo NY
    Posts
    801
    Credits
    13,070
    Savings
    0
    Images
    3
    Nothing is in stone. I still get a review letter asking me if I worked this year and I am 100 percent. I hear some vets can while other vets cannot it has been a pick and choose system since 1885.


    Quote Originally Posted by kaelobo View Post
    a Marine i know. volunteers work at the va hops, received a letter from va stating his rating is under review, he thinks it because of his volunteer work . he dont do that no more, WHO KNOWS rating reviews are looming for almost everyone, i hear P&TS are safe, than i hear no one is safe,



Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not Create Posts
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts