INCOME INCLUDES, BUT IS NOT LIMITED TO, THE FOLLOWING

  • Gross social security and SSI, excluding medicare premiums
  • Railroad retirement - RRB1099 and RRB1099R
  • Gross pensions
  • Salaries/wages/commissions
  • Self-employment or partnership income/business income
  • Alimony and spousal support money
  • Taxable amount of annuities and IRAs
  • Unemployment
  • Cash public assistance
  • Interest/dividends/capital gains
  • Net rental income
  • Royalties
  • Workers’ compensation
  • Death benefit payments over $10,000
  • Spouse’s income if married, living together
  • Gift and inheritance of cash or property over $300
  • Any amount of money or the fair market value of a prize, such as a car or trip won in a lottery, contest, or gambling winnings

PACE AND PACENET DOES NOT COUNT THE FOLLOWING INCOME

  • Medicare Part B 
  • Property Tax/Rent Rebates
  • VA Aid and Attendance
  • Certain AmeriCorps Vista payments
  • Other person’s income living with you other than your spouse
  • Damages received in a civil suit/settlement agreement
  • Benefits granted under 306c of Workers’ Compensation Act
  • SNAP/Food Stamps
  • LIHEAP payments
  • Black or White Lung Benefits
  • Housing allowance for members of religious orders
  • First $10,000 of death benefit payment
  • Federal stimulus payments
  • VA dependency and indemnity compensation

ASSETS are not counted.

AGE, INCOME AND RESIDENCY VERIFICATION & YOUR RESPONSIBILITY 

Be sure to include all income that you and your spouse (if married) received during the previous year. Do not include this year’s income.

SALE OF HOME OR PROPERTY

If you sold your home, all capital gains must be declared as income within two years of the sale date, even if you did not file a State or Federal tax return.

NURSING HOME OR PERSONAL CARE HOME COSTS

Nursing home or personal care home required documents:
• Home agreement
• Last two invoices from the home
• Last two cancelled checks used to pay the home invoices, and/or last two bank statements that show the payments to the home