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Please verify if you correctly calculated SET contribution amount...Otherwise - for mortgage eligibility purposes - AGI will be used - that is after deducting a half of self-employment taxes and deducting retirement plan contribution.
That is an amount from form 1040 line 37
Depending on the lender - they may add your retirement plan contribution and other not taxable income - but that must be communicated separately.
As we know - lenders are based their decision on TOTAL income which includes both - taxable and not taxable portions.
However each lender might have slightly different requirements to which income is included and which is not.
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