Does Rental Income Count Against You When Filing for Social Security Disability Benefits?
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Q: What are the reasons so many disability claims through Social Security are not approved? A: The main reason most applications are denied is due to insufficient medical data. Even in what seems like obvious conditions, a claim is only as strong as the evidence provided to support it. In some cases, the treating physician did not provide enough information to show how the condition negatively impacts the work capacity of the claimant. In order to receive approval, an application for social security disability benefits must provide evidence that the injury of a claimant prevents him from working in previous fields of employment, as well as other qualified work possibilities. The claim examiner for your case will not be able to make a fair judgment if your file does not have current medical data or supporting documentation from your doctor, no matter what your injury. To give your claim the best chance, be certain that you have received current care for your condition and that Social Security has all the medical records and supporting data to provide a thorough understanding of your situation. Strong medical proof will give your claim the best chance of approval. Q: Can a creditor take your social security disability benefits checks? A: If you currently receive supplemental security income payments, no creditor can touch those payments. On the other hand, certain creditors can collect Social Security Disability Insurance benefits. Your benefits checks cannot be collected on behalf of banks, lenders, credit card agencies, individuals and other such entities to which you may owe money. Government entities can collect your benefits checks, however. If you owe the government for back taxes, for example, your debt can be collected from your social security disability checks. Additionally, your payments can be taken away to pay alimony and child support. Q: Can owning rental properties hurt your chances of being awarded approval for social security disability? A: Only your ability to earn a working wage affects determination of social security disability benefits. Things like dividends from investments and income you collect via rent are not considered when establishing your eligibility for disability benefits. If you plan to apply for SSI, all assets and income you collect through rent will be a consideration. Only those with limited financial resources are eligible for Supplement Security Income benefits.
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by: albert.tobega
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