Topic: S-Corporation
Determining Self-employment income S-Corporations
To simplify self-employment determinations for Aged, Blind, and Disabled (ABD) cases, the process is divided into identifying the employment type and handling specific income categories like capital gains. Identifying Self-Employment The first step for an eligibility worker is to determine if an employer/employee relationship exists or if the client is an independent contractor. Is it […]
How to code Self Employment in FACS, Case Note Emphasis
Overview of Self-Employment
Self-Employment Income Self-employed income is usually income from an individual’s own business, trade, or profession rather than from an employer. However, some individuals may have an employer and receive a regular salary. If an employer does not withhold income taxes or FICA, even if required to do so by law, the person is considered self-employed. […]