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Minnesota Self Employment Income for Child Support 
 


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<font size=3><b><i>New Child Support Laws in Minnesota</b></i>

Income from Self Employment
Minnesota self employment income for child support, lawyers, attorneys

Minnesota Statutes provide a definition for self employment income for purposes of child support.  That calculation ignores many deductions otherwise available to business owners for tax purposes. This is codified in Minnesota Statutes Section 518A.30 which states in pertinent part:

518A.30 INCOME FROM SELF-EMPLOYMENT OR OPERATION OF A BUSINESS.

For purposes of child support, income from self-employment or operation of a business, including joint ownership of a partnership or closely held corporation, is defined as gross receipts
minus costs of goods sold minus ordinary and necessary expenses required for self-employment or business operation.

Specifically excluded from ordinary and necessary expenses are amounts allowable by the Internal Revenue Service for the accelerated component of depreciation  expenses, investment tax credits, or any other business expenses determined by the court to be inappropriate or excessive for determining gross income for purposes of calculating child support.

The person seeking to deduct an expense, including depreciation, has the burden of proving, if challenged, that the expense is ordinary and necessary.
 

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