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Open in new window Leasing Arrangements and Self-Employment (Social Security) Tax

Roger A McEowen ( August, 2014 )

Summary

Self-employment tax is imposed on net earnings derived from self-employment. However, rents from real estate and from personal property leased with real estate are excluded from the definition of net earnings from self-employment. An exception to this rule exists if the lessor leases land to an entity in which the lessor is materially participating. This publication addresses court cases and tests for material participation.


Details

Publisher Iowa State University
Publication Date August, 2014
Publication Views 514
Material Type Written Material

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