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If verification appears questionable or needs clarification, agency workers must request additional supporting evidence, such as receipts, contracts, or other documentation of income and expenses, to verify that the parent is engaged in self-employment (see 7.6).

If self-employment taxes were filed in the previous year, the previous year’s tax information must be used if the parent is applying or completing a Wisconsin Shares renewal and: • It is prior to the next tax filing deadline; or • The parent has filed for a tax filing extension.

Note: Verification of filing a tax filing extension is not required unless questionable.

If a parent states that the business has had a significant change and the previous year’s taxes do not reflect their current income, the parent must provide the previous year’s taxes and Self-Employment Income Report Forms (SEIRFs) (F-00107) that cover each month since the significant change, up to the next renewal a maximum of 12 months.

If the business has not yet filed taxes, parents must provide SEIRFs for at least three (3) months up to the number of months until the next renewal a maximum of 12 months depending on the business start month.

Scenario Verification Business is new and taxes are not yet filed SEIRFs Business’ previous year’s taxes are not yet filed Most recently filed taxes Business’ previous year’s taxes are filed Previous year’s taxes Business’ previous year’s taxes are filed and a significant change is reported Previous year’s taxes and SEIRFs

Example 1 (Ongoing business): Karen applied for Wisconsin Shares in January 2022. She has been operating her own salon for the past five (5) years. At application, her 2021 taxes have not yet been filed. Karen must submit her 2020 taxes. If there has been a significant change, Karen can submit her 2020 taxes and SEIRFs for any months since the significant change. If Karen has never filed taxes, then she is not eligible for Wisconsin Shares.

Example 2 (Significant change): Janette is a self-employed hair stylist. The person who owns the salon retired and Janette decided to purchase the business instead of renting a chair. She contacts her worker and reports this significant change. The taxes she submitted with her renewal are no longer accurate. The agency worker enters the date