2-009.02A1a(3) Offset of Earnings

If a client has a combination of farm, self-employment, or regular earned income, a loss from one source of income may be used to offset a gain from another source.

(5/8/05)

See PAF 13-1 for completion of the Self-Employment and Farm Income Worksheet.

 

Any income that is calculated using a tax return should be recalculated when the next tax return is filed.