Which of the following is not subject to self-employment tax? a. Gain on the sale of real estate held for investment b. Net earnings of a self-employed lawyer c. Distributive share of earnings of a partnership d. Net earnings of the owner of a shoe store e. Net earnings of the owner of a dry cleaner

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter6: Deductions And Losses: In General
Section: Chapter Questions
Problem 2BCRQ
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Which of the following is not subject to self-employment tax?

a. Gain on the sale of real estate held for investment

b. Net earnings of a self-employed lawyer

c. Distributive share of earnings of a partnership

d. Net earnings of the owner of a shoe store

e. Net earnings of the owner of a dry cleaner

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