Self-Employment Expenses (FAM) |
___________________________________________________________
Subtract the actual cost of doing business from self-employment income to arrive at the countable self-employment income. Determine countable self-employment income before combining self-employment income with other income. If the cost of doing business exceeds the self-employment income, the countable self-employment income is zero.
See PART 511, COMMON TYPES OF INCOME: SELF-EMPLOYMENT, for examples of allowable self-employment expenses.