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
Does nonpassive ordinary income from an S-Corp qualify as earned income?

JR1 (talk|edits) said:

July 25, 2007

San Diego (talk|edits) said:

25 July 2007
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.

Riley2 (talk|edits) said:

25 July 2007
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.

San Diego (talk|edits) said:

26 July 2007
Thanks Riley

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