SE tax exemption

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  • BOB W
    Senior Member
    • Jun 2005
    • 4061
    #1

    SE tax exemption

    I found this on the IRS web site:

    Self-Employment Tax Changes

    For those who receive Social Security Retirement or disability benefits, any Conservation Reserve Program (CRP) payments are now exempt from the 15.3-percent social security self-employment tax. Schedule SE and its instructions and Publication 225, Farmer’s Tax Guide, have the details.
    Last edited by BOB W; 01-09-2009, 03:02 PM.
    This post is for discussion purposes only and should be verified with other sources before actual use.

    Many times I post additional info on the post, Click on "message board" for updated content.
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