Wife and I have a ranch for about 20 years as well as a successful non-ranch business. The losses from ranching were used to offset the income from non-ranching business. We always filed jointly, the ranch salary was not specifically itemized, as self employed income, a cost on the ranch side woule just offset the income side on the tax return. Even though all returns were filed under my SSN, why do I have $0 years in my retirement account. Do I need to roll back 20 years of tax returns to correct this? Is this correctable? We are talking numerous years with 6 digit income with 3' s in the first digit.
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I don't understand what you said about how you reported your income. To get Social Security credit you have to have one or both of the following.
1. Income reported on a W-2 with Social Security tax withheld, and the employer filed the W-2 with the IRS.
2. Self-employment tax on Schedule SE in your tax return.
If your Social Security earnings were not reported correctly, you have to contact the Social Security Administration about correcting your earnings record. Call 800-772-1213.
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