A Letter of Self-Employment as Proof of Income is a formal written statement that provides evidence that an individual is self-employed and can demonstrate an income. This document is typically used when applying for a loan, renting a property, or any other situation where proof of reliable income is required. It must be signed by the independent contractor and include details of their business operations as well as specifications such as start date, expected duration, and rate of pay. The letter should also list other pertinent information like taxes paid, expenses, and deductions. Ultimately, it’s important to include all necessary information to ensure the document is accepted by the recipient.