[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-302825-105":53,"doc-detail-302825-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","self-employment-income-worksheet","Self Employment Income Worksheet","","Self-Employment Income Worksheet for calculating monthly self-employment income and allowable deductible expenses across three months. It collects applicant and business information, summarizes gross business revenue and other income, lists categories of expenses (including goods sold, insurance, professional fees, supplies, equipment, wages, payroll taxes, rent/mortgage, utilities, and transportation), and provides transportation cost options using mileage. It also explains limits on deductions and how to treat net losses, then computes total expenses and net profit per month and totals self-employment income.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/self-employment-income-worksheet/302825/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/self-employment-income-worksheet/302825.png","ImageObject",442,249,{"name":88,"@type":89},"Taylor Morgan","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-09-23","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":79},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What expenses can be deducted from self-employment income, and what documentation is required?","Question",{"text":108,"@type":109},"Expenses may be deducted only if a copy of the receipt is included. Allowable deductible expenses are listed within the worksheet.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"How are transportation costs calculated in this worksheet?",{"text":113,"@type":109},"Transportation costs use the larger amount of Option #1 or Option #2. Option #1 multiplies business miles by the current IRS Standard Mileage Rate, while Option #2 multiplies itemized transportation costs by the business-mile percentage.",{"name":115,"@type":106,"acceptedAnswer":116},"How does the worksheet handle net losses?",{"text":117,"@type":109},"Net losses are not an allowable expense. If a loss occurs in any listed month, that month’s income is set to zero rather than a negative value.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},302825,1790035727,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":79,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":73,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":9},1099523885336,"https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","SELF EMPLOYMENT INCOME WORKSHEET  \nApplicant's Name:   Business Name:   Business Address:   Home Address:    \nNOTE: > Expenses may only be deducted from Income if a copy of the receipt is included.  \n> Allowable expenses that can be deducted from income are listed below within the worksheet (\\#4-17) .  \n> The Low Income Home Energy Assistance Program (LIHEAP ) does not allow the same business deductions asthe IRS Federal Income Tax. Some common IRS  \ndeductions not allowed for these purposes are:  \n- Income Taxes (federal, state, and local )  \n- Retirement Investments  \n- Personal (non-business ) Work-Related Expenses  \n- Depreciation, Depletion, and Amortization  \n- Entertainment Expenses  \n- Net Losses  \n(ifa net loss is incurred during any of the months listed, then that month's income will equal zero, not a negative value. )  \n\n|  | Month \\# 1 | Month \\# 2 | Month \\# 3 |\n| --- | --- | --- | --- |\n| INCOME: |  |  |  |\n| 1. Gross Business Revenue |  |  |  |\n| 2. Other Income\u003Cbr>(specify sources): |  |  |  |\n| 3. Total Gross Income\u003Cbr>(sum of lines 1-2) | $0 | $0 | $0 |\n| EXPENSES: |  |  |  |\n| 4. Cost of Goods Sold |  |  |  |\n| 5. Advertising |  |  |  |\n| 6. Business Insurance, Licenses, and Permits |  |  |  |\n| 7. Medical Insurance Premiums\u003Cbr>(for medical plans established under this business) |  |  |  |\n| 8. Professional Fees\u003Cbr>(such as legal, accounting, consulting, etc. ) |  |  |  |\n| 9. Office Supplies |  |  |  |\n| 10. Equipment\u003Cbr>(purchases and/or rental costs) |  |  |  |\n| 11. Equipment Repairs/Maintenance |  |  |  |\n| 12. Wages & Salaries\u003Cbr>(only gross wages/salaries paid to employees) |  |  |  |\n| 13. Payroll Taxes\u003Cbr>(related to wages/salaries paid to employees) |  |  |  |\n\n\n|  | Month \\# 1 | Month \\# 2 | Month \\# 3 |\n| --- | --- | --- | --- |\n| 14. Office Rent/Mortgage |  |  |  |\n| 15. Telephone |  |  |  |\n| 16. Utilities |  |  |  |\n| NOTE: For places of business in the home: We DO NOT allow deductions 14-16 , for business spaces that are used for both personal and business use. These costs may only be deducted if the business space is used exclusively and regularly for business purposes. |  |  |  |\n| 17. Transportation Costs\u003Cbr>(the larger amount of Option \\# 1 or Option \\# 2 . ) |  |  |  |\n| a. Total Business Miles Driven |  |  |  |\n| b. Total Miles Driven\u003Cbr>(total miles driven of both business and personal use. ) |  |  |  |\n| c. Pecentage of Miles Driven for Business\u003Cbr>(divide the miles in line \"a\" by line \"b\" . ) | 0 | 0 | 0 |\n| Itemized Transportation Cost: |  |  |  |\n| i. Gasoline | 0 |  |  |\n| ii. Oil & Fluids |  |  |  |\n| iii. Tires |  |  |  |\n| iv. Maintanence and Repairs |  |  |  |\n| v. Vehicle Insurance |  |  |  |\n| vi. License and Registration Fees |  |  |  |\n| d. Total Itemized Transportation Costs\u003Cbr>(sum of lines i-vi. ) | 0 | 0 | 0 |\n| Option \\# 1:\u003Cbr>Multiply line \"a\" by the current IRS Standard Mileage Rate for business miles driven. |  |  |  |\n|  | 0 | 0 | 0 |\n| Option \\# 2:\u003Cbr>Multiply line \"d\" by the percentage of business miles driven in line \"c\". |  |  |  |\n|  | 0 | 0 | 0 |\n| 18. Total Expenses\u003Cbr>(sum of lines 4-17) | $0 | $0 | $0 |\n| NET PROFIT: |  |  |  |\n| 19. Total Net Profit\u003Cbr>(difference of line 3 less line 18) | $0 | $0 | $0 |\n| NOTE: Net losses are not an allowable expense. If a loss has occurred during any of the months listed, then that month's loss will be counted as ZERO income for that month. |  |  |  |\n\n\n| Total Self Employment Income\u003Cbr>(sum of line 19, Months \\# 1-3. ) | $0 |\n| --- | --- |\n\nI   , certify that on   , I have reviewed  \n(Agency Representative) (Date)  \nand verified the receipts used to calculate the allowable expenses listed above.","cbCaiiBzcNF73ZMR","https://ap.wps.com/l/cbCaiiBzcNF73ZMR","pdf",20932,"English","# Income\n## Gross income and other income\n## Expenses (lines 4-18)\n# Net profit and totals\n## Monthly net profit\n## Total self-employment income\n# Certification","[{\"question\":\"What expenses can be deducted from self-employment income, and what documentation is required?\",\"answer\":\"Expenses may be deducted only if a copy of the receipt is included. Allowable deductible expenses are listed within the worksheet.\"},{\"question\":\"How are transportation costs calculated in this worksheet?\",\"answer\":\"Transportation costs use the larger amount of Option #1 or Option #2. Option #1 multiplies business miles by the current IRS Standard Mileage Rate, while Option #2 multiplies itemized transportation costs by the business-mile percentage.\"},{\"question\":\"How does the worksheet handle net losses?\",\"answer\":\"Net losses are not an allowable expense. If a loss occurs in any listed month, that month’s income is set to zero rather than a negative value.\"}]","Self Employment Income Worksheet | PDF",1789797277]