2000.3.2.1 Procedure to Calculate Income
Add all self-employment and Capital Gain Income , subtract allowable self-employment expenses . This is net self-employment income. Determine the monthly net by dividing by 12 months for annualized income or dividing by the number of months the income is intended to cover.
Fact sheets, ESD 204 B, Business Income and Expenses; , ESD204F, Farm Income and Expenses , and ESD 204R, Rental Income and Expenses Budgeting , may be used in the income determination.
Verbal self-declaration may be used in the income determination. CATN the customer's statement.