603.09 Self-Employment Expenses SR 96-29, 01/97 (FAM-A) |
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.
Examples of self-employment expenses include, but are not limited to:
• cost of materials needed to perform the job such as lumber, demonstration products,
• tools and equipment, *
• work-related clothing,
• vehicle expenses including cost of maintaining the vehicle, mileage, tokens or tolls, gasoline, insurance,
• employee taxes,
• state and municipal business taxes,
• advertising expenses,
• postage,