18 Miss. Code. R. 14-20.6 - 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;

Notes

18 Miss. Code. R. 14-20.6

7 CFR §273.11(b)(2)

Adopted 3/15/2022 Amended 10/20/2023 Amended 12/9/2024 Amended 2/17/2025