Announcement

Collapse
No announcement yet.

<65 Ss Recipient Self Employed

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
    #1

    <65 Ss Recipient Self Employed

    An individual (63) is self employed, filing a Schedule C, and collecting Social Security benefits. Is it the GROSS RECEIPTS OR NET PROFIT that affects the monthly benefit if he exceeds the annual maximum amount of earnings allowed for one under the full retirement age?
    Tags: None
    #2
    Under 65 &amp; Self Empl.

    It is the net earnings. This is what the S E Tax is based on.

    Comment

    Previous template Next

    Disclaimer

    Collapse

    This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

    Working...
    X