If you are under age 22 and regularly attending school, Social Security does not count up to $1,640 per month of your wages when calculating your SSI payment amount. The maximum yearly exclusion is $6,600 per year. The SSI and Medicaid resource limits still apply ($2,000 for a single person and $3,000 for a couple). More information about SEIE can be found at SSI Spotlight on Student Earned Income Exclusion and Supplemental Security Income (SSI)
Gross Wages (before taxes)
-
Student Earned Income Exclusion (SEIE)
$0.00
Remaining Earned Income
$0.00
Remaining Earned Income
- $20.00
General Income Exclusion
$0.00
- $65.00
Earned Income Exclusion
$0.00
÷ 2
Divide remaining Earned Income by 2
$0.00
Countable Earned Income
$0.00
Countable Earned Income
+ $0.00
Countable Unearned Income
$0.00
Total Countable Income
$735.00
SSI Federal Benefit Rate (FBR) = $735.00 in 2017
- $0.00
Total Countable Income
$0.00
SSI Benefit Check
$0.00
Gross Wages
+ $0.00
SSI Benefit Check
$0.00
Total Gross Monthly Budget amount
Note: Remember to keep track of the amount of monthly earned income excluded each month by the Student Earned Income Exclusion to keep track of when you will exceed the annual maximum. At that time, your SSI Benefit Check will reduce according to the calculation using zero for the SEIE.
2013 - $6,600.00 Annual limit
$1,640.00 monthly
Please note this calculator is for estimating only. Social Security will make the official determination when you report your wages.