Get Self-employment Worksheet - Whcacap

The self-employment worksheet is a crucial document for individuals applying for assistance through the Home Energy Assistance Program. This guide will provide you with step-by-step instructions on how to accurately complete the form online, ensuring you can effectively document your self-employment income.

Follow the steps to successfully complete your self-employment worksheet.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering the primary applicant's name and the application date at the top of the worksheet. Ensure this information is accurate, as it identifies your application.
3. Next, fill in the applicant/business owner's name along with the business name. Make sure these details match any official documentation you have.
4. Specify the business type in the designated area. This helps the agency understand the nature of your income.
5. Document your self-employment income for the past 365 days. This includes attaching records such as receipt books, canceled checks, and paid purchase slips in an organized manner.
6. Provide the date range for the 365-day period covered by entering the start date and end date.
7. Fill in the gross receipts or sales amount. This is the total income generated from your business activities.
8. Enter the cost of sales (purchases) in the corresponding field, then calculate your gross profit by subtracting the cost of sales from the gross receipts.
9. List all business deductions, including fuel, travel, taxes, repairs, insurance, utilities, and others specified in the form. Provide the amount for each deduction.
10. Once you have listed all deductions, sum them up to determine the total deductions and ensure to subtract this total from your gross profit to find your net profit.
11. Finalize the form by signing as the applicant/business owner, adding the dates, and signing where necessary for any preparers, indicating their title and the date of preparation.
12. After reviewing all entries for accuracy, save your changes. You can then download, print, or share the completed form as needed.

Take the next step in your application process by completing the self-employment worksheet online today.