Discussion:SEP AND SALE OF BUSINESS
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Discussion Forum Index --> Advanced Tax Questions --> SEP AND SALE OF BUSINESS
Discussion Forum Index --> Tax Questions --> SEP AND SALE OF BUSINESS
| 22 March 2008 | |
| Can proceeds from the sale of a business be considered as SE income for purposes of the SEP calculation? | |
| 22 March 2008 | |
| What did you sell, inventory? If the proceeds are part of a Schedule C on which you will pay SE tax, yes. If not, if you sold stock or equipment, I think not. That is not income for SE purposes | |
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