What is the best way to calculate a self-employed applicants adjusted gross income?
Tax returns can be the best documentation. Many agencies use the information on the past year’s tax return to determine eligibility. You may want to work with applicants (or assign a microenterprise adviser) to help them prepare cash-flow statements or file quarterly tax filings to document earned income.
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- What is the best way to calculate a self-employed applicants adjusted gross income?
