<p>My H is self-employed. (Schedule C business) His only employee is our S and he earns under $500/year doing a few minor jobs for H. He basically develops high-quality information guides to publish on the internet, and generates income from advertising on his pages, and on people buying downloads or CDs of the information. He has also published one as a physical book. </p>
<p>CSS Profile asks for the value of the business. The business really consists just the fruits of my husband's labor (skill, knowledge, etc.), so it's not really something that we could sell. I just computed the current depreciated value of the assets of the business (computer equipment etc.) and then added the following note to the explanation line: " income is generated via owner's creation/publication of intellectual property -- as such the business can't really be sold as an income-producing asset; business value listed is based on market value of re-sellable equipment."</p>
<p>Does that seem reasonable? My husband's income is quite variable, but averages around $50K per year. We valued the business at $8K for its assets. I know that usually a business's value would be a multiple of its annual income, but that doesn't make sense to me in this case.</p>
<p>Thanks in advance, and sorry to be clogging up the forums with Profile questions this weekend -- you know what my weekend is dedicated to right now :)</p>