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VA has a matching agreement with IRS and SSA that enables the VA to receive earned and unearned income information reported by employers, financial institutions and includes self-employment. Note: VA is required by law to independently verify this information before making a final benefit determination.
It is VHA policy to verify Veterans’ self-reported income (including spouse or partner and dependents, if applicable) for NSC Veterans and non-compensable zero % SC Veterans who have no other special eligibility for receiving VA health care benefits.
INCOME VERIFICATION MATCH (IVM) TECHNICAL MANUAL Version 2.0 October 1994 Revised October 2024 Department of Veterans Affairs Office of Enterprise Development Management, Enrollment and Financial Systems (MEFS) October 2024 IVM V. 2.0 Technical Manual ii IVM_2_TM Revision History ... ZIC VA-Specific Income Segment sequences 22 & 23, and OBX
Verification with VA Standard Documentation Acceptable verification consists of VA Form 26-8497, Request for Verification of Employment (VOE) or any format which furnishes the same information as VA Form 26-8497, plus: • paystub(s) covering the most recent 30-day period with year-to-date information, if the employer normally provides a pay ...
In accordance with VHA Directive 1909, it is VA policy that the Health Eligibility Center (HEC) is responsible for the Income Verification Program, i.e., verifying NSC and non-compensable zero percent SC Veterans’ gross household income through computer matching activity with IRS and SSA.
This chapter addresses the verifications, procedures, and analysis involved in underwriting a VA-guaranteed loan. It provides guidance on how to treat income, debts and obligations, credit history, and so on, and how to present and analyze these items on VA’s loan analysis form.
eliminate the majority of instances in which lenders and VA will utilize VA Form 26-8937, Verification of VA Benefits, to verify a Veteran’s receipt of income from VA. Examples of this type of income include monthly compensation for a service-connected disability or non-service-connected pension.
