Add SE Income from Tax Return

WINDOW OVERVIEW:

The Add SE Income from Tax Return window is used to add information about self employment earned income reported on the previous year tax return. There are 6 tabs at the top of the window. Each opens a separate window to enter specific tax form information for the self employment income.

The Business tab is used to identify the self employment and tax year used.

The other tabs are:

• Schedule F Farm Income and Expenses
• Schedule C and Form 8829 Profit or Loss from Business or Profession
• Schedule C-EZ the short form for Profit or Loss from Business or Profession
• Schedule E and Form 4835 Supplemental Income and Loss
• Form 1040 basic tax form

Different programs may use different entry lines. Enter information on each line that has a corresponding amount on the tax schedule.

If any of the following tax forms were filed or the client indicates the business is a partnership/corporation, send the tax return to the Central Office, ATTN: Office of Economic and Family Support for a decision on the monthly countable income prior to entering any tax return income.

• Form 1040
• Form 1065 (including Schedule K-1)
• Form 1120
• Form 1120S (including Schedule K-1)
• Form 1120A

If no tax return has been filed for the partnership/corporation, send all income and expense information along with the individual's ownership percentage to Central Office for a determination of monthly countable income.

Do not enter any information until an answer is received from Central Office. Once Central Office responds enter corporate or partnership income in the "Other" income task.

ACTION BUTTONS:

	The Next button will be enabled when all of the mandatory information has been entered on the Business Tab and at least one of the Tax Form tabs. Select this button to save the information and add an another instance of self employment.
	The OK button will be enabled when all of the mandatory information has been entered on the Business and at least one Tax Form tab. Select this button to save the information and return to the Self Employment - Current tab.
	Select the Cancel button to return to the Self Employment - Current without saving the information entered.
	The Help button displays the help information for the active data collection task.

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(04-2005)