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CODE OF COLORADO REGULATIONS 8 CCR 1403-1 Colorado Child Care Assistance Program

48 c. If child care is provided for a self-employment activity, then taxable gross wages divided by the number of hours worked shall equal at least the current federal minimum wage. To determine a valid monthly income taxable gross income may be averaged for a period of up to twelve (12) months. 3. Taxable gross income (gross receipts minus operating expenses from the operation of a farm by a person on their own account, as an owner, renter, or tenant farming) from farm self-employment. a. Gross receipts include, but are not limited to: 1) The value of all products sold; 2) Government crop loans; 3) Money received from the rental of farm equipment and/or farm land to others; and 4) Incidental receipts from the sale of wood, sand, gravel, and similar items. b. Operating expenses include, but are not limited to: 1) Cost of feed, fertilizer, seed, and other farming supplies; 2) Cash wages paid to farmhands; 3) Cash rent; 4) Interest on farm mortgages; 5) Farm building repairs; and 6) Farm taxes (not state and federal income taxes). c. The value of fuel, food, or other farm products used for family living is not included as part of net income. If child care is provided for an employment activity, then taxable gross wages divided by the number of hours worked shall equal at least the current federal minimum wage. To determine a valid monthly income, taxable