If the person making the statement answers question 4(a) “Yes,” obtain the following information in (b):
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type of business (e.g., shoe repair)
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last tax year's gross income (for the tax year before application)
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last tax year's net income (profit) or loss
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this tax year's expected net income or loss
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the dates of self-employment.
NOTE: A verified net loss from self-employment can reduce other earned income.