Income declaration question

[Traveler101]

When applying for a credit card, or cli, when it comes to income. I generally use my standard income from payroll. Over the last 2 years tax returns, I've cashed out some of a pension. That is reflected in returns, and documented. 

The dispersed pension money is not a normal expectation of income every year forward. However, if I were to apply for a cli or new card in near future, can I include the extra money I received over the last 2 years as my income?

[JoeRockhead]

Most lenders allow any available household income to be included, so, unless yours states otherwise, I don't see why you couldn't use it.

[Traveler101]

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@JoeRockhead wrote:

Most lenders allow any available household income to be included, so, unless yours states otherwise, I don't see why you couldn't use it.

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Thanks. I was wondering that. 

My last application to BoA, when doing verification she went over income. I explained to her normally about 87k a year. But with a dispersement, it took me to over 120k. I explained to her that wasn't a normal year, and I'm not sure about the inclusion. I was being honest.

Thanks for the heads up. Maybe I can see a 50k line in the horizon. I only want 1 for bragging rites. Seeing how many cap you at 50% of income for a limit, it's tough to break that barrier. Navy out of the question. Maxed out in 2 cards, 45, 35. Amex won't go beyond 50%. I'm sure there are some outliers, but I'm not one of them.

Thanks again.

[ptatohed]

For the last 7 or so years my employer has offered a program where we can 'sell' back up to 100 hours of accrued sick/leave/holiday hours.  I have sold the full 100 every year it's been available.  This increases my annual income by some $7k+.  The program could end any time but I always include this extra money in my annual income.  Also, my wife is a substitute teacher and, truth be told, some years she works a lot more than others.  I will always use the household income she made that previous year even if next year might be less.  I'd say just go for it.