Current through Register Vol. 54, No. 19, May 11, 2024
Profit is determined using one of the following methods:
(1) From self-employment gross receipts, deduct the verified costs to the client of producing or continuing the income. Depreciation, personal business and entertainment expenses, personal transportation, purchase of capital equipment and payments on the principal of loans for capital assets or durable goods, are not included in the deductions.(2) The following amounts are deducted from the gross receipts to determine profit: (i) From total room and apartment rent, $10 plus an amount equal to 50% of the remainder.(ii) From board payments, the maximum food stamp coupon allotment for the household size based upon the total number of boarders.(iii) From room and board payments, 40% of the total gross payment added to the maximum food stamp coupon allotment for the household size equal to the total number of room and boarders.(iv) If there are roomers, boarders and room and boarders, deduct the following amounts from the gross receipts and add the results to determine the profit: (A) From total room and apartment rent, $10 plus an amount equal to 50% of the remainder.(B) From room and board payments, 40% of the total gross payment.(C) From board payments and the balance of the room and board payments after the deduction in clause (B), the maximum food stamp coupon allotment for the household size based upon the total number of boarders and room and boarders.The provisions of this § 183.65 adopted August 26, 1988, effective 11/1/1988, 18 Pa.B. 3921.The provisions of this § 183.65 issued under section 403(b) of the Public Welfare Code (62 P.S. § 403(b)).
This section cited in 55 Pa. Code § 183.22 (relating to profit from self-employment).