Investors & landlords


@DanielV01 wrote:

 

All of these tax hoops do not make a claim like this very advantageous.


 

 

Building Social Security credits to qualify for Social Security and Medicare and/or having enough income to qualify for the Premium Tax Credit for Marketplace health insurance (over 100% of the Federal Poverty Level) far outweighs the potential negatives that you have pointed out.   đꙂ

 

On the other hand, in my opinion a grandparent watching their grandchildren rarely, if ever, rises to the level of a business.  If that is the case, it would not be subject to Self Employment tax, which would mean Social Security Credits would not be built up.

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