how to calculate va pension amount
What is a V.A. pension? These amounts go up by $2,020 for each additional dependent. To calculate a qualifying veteran's pension, the V.A. starts with the set limit and deducts the veteran's annual countable income. The amount that's left is the veteran's V.A. pension, paid monthly. Example: The annual income limit for a single veteran is $11,380. If a veteran (who otherwise qualifies for a V.A. pension) has a yearly countable income of $10,000, that veteran's V.A. pension would be $1,380 ($11,380 - $10,000 = $1,380), paid to the veteran in monthly amounts of $115.