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Self-Employed Borrower Form 1084 Part I - The Personal Tax Return 54 min
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Course Completion
Self-Employed Borrower Form 1084 Part I - The Personal Tax Return
Calculate Income for Fannie Mae from Personal Tax Returns
Learn the basic 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