Section 16.03.05.403 - SELF-EMPLOYMENT EXPENSES NOT ALLOWEDSelf-employment expenses not allowed are as follows:
01.Payments on the Principal of Real Estate. Payments on the principal of real estate mortgages on income-producing property.02.Purchase of Capital Assets or Durable Goods. Purchases of capital assets, equipment, machinery, and other durable goods. Payments on the principal of loans for these items.03.Federal, State, and Local Income Taxes.04.Savings. Monies set aside for future use such as retirement or work-related expenses.05.Labor Paid to Any Family Member.06.Loss of Farm Income Subtracted From Other Income.07.Personal Transportation.08.Net Losses from Previous Periods.Idaho Admin. Code r. 16.03.05.403