In determining the resources of an individual (and spouse, if any), the following items shall be excluded:

The home (including the land appertaining thereto) to the extent its value does not exceed the amount set forth in § 416.1212;

Household goods and personal effects as defined in § 416.1216;

An automobile, if used for transportation, as provided in § 416.1218;

Property of a trade or business which is essential to the means of self-support as provided in § 416.1222;

Nonbusiness property which is essential to the means of self-support as provided in § 416.1224;

Resources of a blind or disabled individual which are necessary to fulfill an approved plan for achieving self-support as provided in § 416.1226;

Stock in regional or village corporations held by natives of Alaska during the twenty-year period in which the stock is inalienable pursuant to the Alaska Native Claims Settlement Act (see § 416.1228);

Life insurance owned by an individual (and spouse, if any) to the extent provided in § 416.1230;

Restricted allotted Indian lands as provided in § 416.1234;

Payments or benefits provided under a Federal statute other than title XVI of the Social Security Act where exclusion is required by such statute;

Disaster relief assistance as provided in § 416.1237;

Burial spaces and certain funds up to $1,500 for burial expenses as provided in § 416.1231;

Title XVI or title II retroactive payments as provided in § 416.1233;

Housing assistance as provided in § 416.1238;

Refunds of Federal income taxes and advances made by an employer relating to an earned income tax credit, as provided in § 416.1235;

Payments received as compensation for expenses incurred or losses suffered as a result of a crime as provided in § 416.1229;

Relocation assistance from a State or local government as provided in § 416.1239;

Dedicated financial institution accounts as provided in § 416.1247;

Gifts to children under age 18 with life-threatening conditions as provided in § 416.1248;

Restitution of title II, title VIII or title XVI benefits because of misuse by certain representative payees as provided in § 416.1249;

Any portion of a grant, scholarship, fellowship, or gift used or set aside for paying tuition, fees, or other necessary educational expenses as provided in § 416.1250;

Payment of a refundable child tax credit, as provided in § 416.1235; and

Any annuity paid by a State to a person (or his or her spouse) based on the State's determination that the person is:

A veteran (as defined in 38 U.S.C. 101); and

Blind, disabled, or aged.