I'm wondering if by stating that rental income is Qualified Business Income and taking the 20% deduction, does that trigger the need to pay Social Security taxes?
I do not file a Schedule C, I've always reported rental income on Schedule E, and therefore don't have to pay Social Security taxes. I'm afraid if by answering yes, the rental income is a "business" for purposes of the QBID will the IRS say I owe Social Security taxes. How would I even pay those, since I don't file a Schedule C?
How do other people handle this?
