Simplified calculation of income for the self-employed
(1) In general
(1)In general#
Not later than 1 year after August 22, 1996 , the Secretary shall establish a procedure by which a State may submit a method, designed to not increase Federal costs, for the approval of the Secretary, that the Secretary determines will produce a reasonable estimate of income excluded under subsection (d)(9) in lieu of calculating the actual cost of producing self-employment income.
(2)Inclusive of all types of income or limited types of income#
The method submitted by a State under paragraph (1) may allow a State to estimate income for all types of self-employment income or may be limited to 1 or more types of self-employment income.
(3)Differences for different types of income#
The method submitted by a State under paragraph (1) may differ for different types of self-employment income.