Great question!
The amount of earnings it takes to earn a credit may change each year. In 2023, you earn 1 Social Security and Medicare credit for every $1,640 in covered earnings each year. You must earn $6,560 to get the maximum 4 credits for the year.
I hope this answers your question. I am going to make an educated guess that this is based on NET INCOME. So Income - expenses.
Please remember that it is important to claim all expenses that occured. Don't leave them out just to get tax benefits or Points.
https://www.ssa.gov/benefits/retirement/planner/credits.html#:~:text=The%20amount%20of%20earnings%20....
Katie S.
Katherine S 63
