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04captdan
New Member

I asked a question yesterday about an IRA and I read your answer concerning income. I do have income from a rental house, will this count?

 
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MichaelL1
Level 15

I asked a question yesterday about an IRA and I read your answer concerning income. I do have income from a rental house, will this count?

Sorry, rental income is not considered, "Earned Income" for tax purposes.  

If being not earned income, it is not subject to self-employment tax either. 

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1 Reply
MichaelL1
Level 15

I asked a question yesterday about an IRA and I read your answer concerning income. I do have income from a rental house, will this count?

Sorry, rental income is not considered, "Earned Income" for tax purposes.  

If being not earned income, it is not subject to self-employment tax either. 

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