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Discussion:S-Corp Earned Income
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Discussion Forum Index --> Tax Questions --> S-Corp Earned Income
San Diego (talk|edits) said:
| 25 July 2007
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| Does nonpassive ordinary income from an S-Corp qualify as earned income?
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San Diego (talk|edits) said:
| 25 July 2007
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| That's what I think as well, but I haven't been able to find anything under Sec. 32(i) that says it's not.
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Riley2 (talk|edits) said:
| 25 July 2007
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| San Diego, you are looking at the wrong subsection. Look at 32(c)(2). Since the distributive share of S corporation income is not subject to SE tax and is not treated as taxable wages, such income cannnot be earned income.
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