Full question: I’ve worked for corporations since 1975 and have SSA earned income from those jobs. I also own a small business (since 1994, LLC with average total income $5k per year) that rarely shows a profit. Do I need to include that as ‘self employment’ if I have no earned income from the business?

Hi there,

If your LLC is a single person/member LLC, owned by an individual (you), then you would pay SECA tax on net income in the LLC using Schedule C.

You can learn more about earned income here.

Best of luck,
Martha

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