Skip to main content
Level 4
August 27, 2023
Question

If you have a foreign passive income like interest income or capital gains income - does it count towards SSI eligibility?

  • August 27, 2023
  • 2 replies
  • 25 views

I learned that if you have a countable income - your ssi (supplemental security income) - it can reduce your monthly ssi benefit.

But what if you are senior citizen and  lived in foreign county for last 3 years and earned passive income (interest and capital gains income) - and now if you plan to come to USA ...and that passive income still continues - this passive income will reduce or stop the monthly  supplemental security income ?

 

Same question about countable resources more than $2000 in value - i.e. if those assets are in foreign country?

 

 

2 replies

Level 15
August 27, 2023

We answer income tax questions and questions about the tax software here.   Your question is not a tax question.   Contact Social Security for answers to questions about SSI or Social Security.

 

https://www.ssa.gov/

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
DoninGA
Level 15
Level 15
August 27, 2023

The Social Security Administration website should have the information you need concerning SSI payments.

Go to this SSA website concerning SSI income - https://www.ssa.gov/ssi/text-income-ussi.htm

Also this SSA website - https://www.ssa.gov/ssi/text-understanding-ssi.htm