SE tax exemption

BOB W

Senior Member

Join Date: Jun 2005

Posts: 4061
#1

SE tax exemption

01-09-2009, 02:45 PM

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.

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