Compute monthly net income from self-employment as follows:
If a unit's annualized self-employment income does not reflect actual circumstances due to substantial increases or decreases in business, recompute the income by using anticipated income and expenses.
If the unit's self-employment business has been in existence for less than a year and income is received less often than monthly, average the income over the period of time that the business has been in operation. Project the monthly income amount for the coming year. If a reasonable projection cannot be made, assign a one or 2-month approval period until income can be accurately projected.
Illinois Department of Human ServicesJB Pritzker, Governor · Grace B. Hou, Secretary
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