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Self-Employed Borrower Basics Part I - The Personal Tax Return 50 min
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Course Completion
Self-Employed Borrower Basics Part I - The Personal Tax Return
Business Income Concepts for Calculating Qualifying Income
Review the different business types and how they relate and flow to a borrower’s personal return (1040). Identify the allowable business adjustments required and review a Balance sheet.
Learning Objective: Review basic information needed to understand how to find qualifying income through tax returns.
Recommended Prerequisites: None