FAA4.J Self-Employment Income (SEEI SEEW) : 07 Self-Employment Expenses
Self-Employment Expenses
(07/01/08 – 09/30/08)
Business costs or expenses are sometimes referred to as overhead. Allowable and not allowable costs of producing self-employment income are outlined as follows:
NOTE Treat only expenses that are verified as an allowable expense. A participant statement may be used to verify self-employment expenses. (See Participant Statement Verification)