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Specific procedures are in place for handling income from a self-employment enterprise and for determining the eligibility and benefit level of households when all or part of their income is from self-employment.
Income from rental property is considered as earned income and entitles the household to the earned income deduction only if a member of the household is actively engaged in the management of the property at least an average of 20 hours per week.
Proceeds from the sale of capital goods or equipment related to the business are included when determining self-employment income. Even if only 50% of the proceeds from the sale of capital goods or equipment is taxed for federal income tax purposes, the full amount of the capital gain is counted as income for food stamp purposes.
Certain costs are allowable for producing self-employment income, such as costs of labor, materials used to make a product, and other expenses.
Food Stamps - Determining Monthly Food Stamp Income for Households with Self-Employment Income
Food Stamps - Income - Massachusetts
Food Stamps - Deductions - Massachusetts
Food Stamps - Countable Income - Massachusetts
Food Stamps - Income Exclusions - Massachusetts
Food Stamps - Maximum Gross Monthly Income Standards - Massachusetts
Food Stamps - Maximum Allowable Monthly Net Income Standards - Massachusetts
Food Stamps - Financial Eligibility Overview - Massachusetts
Food Stamps - Overview - Massachusetts
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