Fannie Mae Selling Guide B3-3.6-03: Income or Loss Reported on IRS Form 1040, Schedule C
This topic contains information on income or loss reported on IRS Form 1040, Schedule C, including:
Fannie Mae publishes the full text of this section: Fannie Mae Single Family Selling Guide on the Fannie Mae website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- Income (or Loss) from a Sole Proprietorship
- Recurring vs. Non-recurring Income and Expenses
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.

