18 MAC Pt. 14, R. 20.6

Disallowable Self-Employment Expenses

Year: 2026Length: 75 wordsOfficial source

Cite as 18 Miss. Admin. Code Pt. 14, R. 20.6

Disallowable Self-Employment Expenses. The following self-employment expenses are not allowable costs of doing business in determining net self-employment income: A. Depreciation; B. Income taxes (federal, state or local); C. Net losses from previous periods; D. Work-related personal expenses including, but not limited to, transportation to and from the work site; E. Money set aside for retirement purposes; and F. Any amounts that exceeds the payment a household receives from a boarder for lodging and meals;
18 MAC Pt. 14, R. 20.6: Disallowable Self-Employment Expenses | Justis AI