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    04captdan
    New Member
    posted
    ‎June 5, 2019 3:08 PM
    last updated ‎June 05, 2019 3:08 PM

    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
    Level 15
    ‎June 5, 2019 3:08 PM

    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. 

    View solution in original post

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    MichaelL1
    Level 15
    Level 15
    ‎June 5, 2019 3:08 PM

    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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