Department of Human Services

Families First Online Policy Manual

Treatment of Income

Revised:

21.27

COSTS OF PRODUCING SELF-EMPLOYMENT INCOME

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When a member of the AU receives income from self-employment, he/she will be required to keep a record of expenses incurred in the production of this income.

 

Expenses may include but are not limited to:

 

·        Identifiable costs of labor (salaries, employer’s share of SS, insurance, etc.).

 

·        Stock, raw materials, seed and fertilizer, feed for livestock.

 

·        Rent and cost of building maintenance.

 

·        Business telephone costs.

 

·        Costs of operating a motor vehicle when required in connection with the operation of the business.

 

·        Interest paid to purchase income producing property.

 

·        Insurance premiums and taxes paid on income producing property.

 

·        Costs of feed for work stock.

 

·        Costs of meals and equipment for children for whom day care is provided in the client’s home.

 

Glossary

 

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