Self Employment
Self Employment Mastery Quiz
Test your knowledge about self employment and its implications for taxes, SNAP, and MED. This quiz will challenge your understanding of self-employment processes and help reinforce your skills in managing client information.
Topics covered include:
- Self Employment Basics
- Tax Forms and Income
- Allowable Deductions
- SNAP and MED Regulations
Your client turned in their tax forms. What do you do?
Cry
Ask your lead
Double check that you have all required forms & then run the Actual vs. Standard Worksheet
Shred them
The Actual v. Standard Worksheet shows that you process the forms. What do you do next?
Pull out Appendix 4 of the manual to know what Lines are needed to put in what box and then run the MAGI SE Tab to figure out the med income
Give it to someone else to work on
Leave it alone hoping it will just magically work on itself
Nothing
Is the DBUS panel for med or SNAP?
Med
SNAP
Where do you enter self-employment income for med?
BUSI Panel
DBUS Panel
JINC Panel
You don't
Your client just turned in SE Ledgers. What do you do?
Shred them
Nothing
Review them for accuracy to ensure it is filled out correctly & only allowable expenses are listed.
Enter them in to the SE Calculator
Federal, State, and local income taxes are not allowable deductions because these expenses are accounted for by the 20% earned income deduction.
True
False
When using the simplified standard for income, what percentage is the gross income multiplied by to determine the countable income?
37%
25%
20%
45%
How do you know that someone is doing self employment?
They told you.
They do not have taxes being taken out of their checks
They do odd jobs for cash
They receive cash in exchange for a service they provide
They have their own business
They are engaged in an enterprise for gain either as an independent contractor, franchise holder, or owner-operator.
All the above.
When is rental income allowed for self employment & exempts the client from work registration?
Never
When the customer tells you it does
When the customer spends 20+hpw working on the property that they are receiving the income from.
When the customer receives payments from a renter, this is always considered self employment.
Who determines the SNAP income when actual expenses are being requested?
EABS
Lead
Where is the DSS SE Calculator Tool located?
N:\EA\Universal Team Model\Customer Support\SE Ledgers\Copy of DSS SE Calculator Tool
On your desktop
On the P: drive?
Where do you save the DSS SE Calculator Tool?
Right where you opened it from
In the corresponding folder based on customer's last name
You don't save it?
Where do you find the Actual Vs. Standard Worksheet?
Your lead has it
In the forms room
N:\EA\Universal Team Model\Customer Support\SE Ledgers\Actual vs. Standard
What form is used to request more SE Ledgers?
201
889
308SE
No form, the customer just knows to turn them in
What is the most common tax form needed to determine self employment income for SNAP?
Schedule Z
Form 1040
Schedule C / C-EZ
Schedule K
Can self employment exempt your client from work registration? (Choose all that apply)
No, it has to be a real job.
Yes, because they're working.
Yes, if their income shows them grossing more than $870/mo before allowable expenses.
Yes, if they are working more than 30hpw and have a reasonable explanation as to why their income is low. (maybe their business just started & they are working round-the-clock to get customers)
Wages paid to family members on the SNAP budget are an allowable expense.
True
False
When mileage is not being used, the cost of gas and insurance for business vehicles is an allowable expense for MED, but not for SNAP.
True
False
If the Actual v. Standard worksheet indicates that your taxes need to be processed by the lead on rotation... Where do they go?
With cover sheet, it goes in the bin behind Lisa T. and Lisa will distribute to Lead on rotation.
Directly to the lead
To your supervisor
Put back in paperwork for someone else to deal with.
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