To qualify as self-employed, you must be paid as an indepndent contractor, and it must not be a money losing hobby. Common self-employment activities for elders include consulting for former employer, yard work, baby sitting, and preparing the odd tax return. Essentially, a small amount of money earned may be totallly written off income, up to 70%(2002) or 100%(2003) of health insurance premiums, including Medicare Part B.
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