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Strategies & Market Trends : IRS, Tax related strategies--Traders

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To: dpl who wrote (507)10/10/1998 5:06:00 PM
From: Kaye Thomas  Read Replies (1) of 1383
 
Would you then have to pay SS tax?

At first this was unclear. Congress put a technical correction in the recent tax legislation clarifying that even though the income becomes ordinary income, it doesn't become the type of income that's subject to self-employment tax.

Kaye Thomas, author
Fairmark Press Tax Guide for Investors
fairmark.com
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