Income from Self-Employment - Family Medical

Use the Average Calculator to prospectively budget income from self-employment.

See the steps under Adding Income for help navigating to the Income Detail page.

From the Income Detail page

1. Select the frequency the income is received from the Frequency drop-down menu.
   
   NOTE: The frequency on the Income Detail page needs to match how the user is entering the income on the Self-Employment Calculator on the Income Amount Detail page.

   Example: If the user is entering yearly amounts from a tax return on the Income Amount Detail page, the frequency should be Every Year. If the user is entering monthly ledgers on the Income Amount Detail page, the frequency selected on the Income Detail page needs to be Once a Month. The Income Detail page and Income Amount Detail page need to match for the income to calculate correctly.

2. Enter the Name of Business if applicable.

3. Enter the Share of Ownership if not 100%.

4. Select the appropriate Self-Employment Schedule/Ledger for income from the Schedule/Ledger drop-down menu on the Average Calculator on the Income Amount Detail page.

5. Enter the appropriate income information from the schedule/ledger in the appropriate Income fields.

6. Click Add to add additional income.

7. Select the Schedule/Ledger from the Schedule/Ledger drop-down menu for expenses.

8. Enter the appropriate expense information from the schedule/ledger in the appropriate Expense fields.

9. Click Add to add additional expenses.

   NOTE: Do not put any values in the Income Addition or Expense Exclusion fields.

10. Select the Divisor (12 for annual return, 3 for quarterly return, etc.) when the necessary information is entered from the schedule/ledger.

11. Click the Calculate button after all information is entered.

12. Click the Use button.

13. Set the Begin Date using the <mm/dd/yyyy> format or the calendar icon to the first date of the application month or the first day of the first medical month for prior medical requests.

14. Verify the information by selecting a value from the Verified drop-down menu.

15. Select the source for the verification from the Source drop-down menu.

    • On the Income Detail page the user may select another Program Type and Income Category.

16. Click the Save and Add Another button to add additional records. Otherwise, click the Save and Return button.