Instructions For Form 1040-Ss - U.s. Self-Employment Tax Return (Including The Additional Child Tax Credit For Bona Fide Residents Of Puerto Rico) - Department Of The Treasury Internal Revenue Service - 2009 Page 2
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10Ministers, Members of Religious Orders
Employees of Foreign
for paying self-employment tax on your
and Christian Science Practitioners, and
net earnings from self-employment.
Governments or International
received IRS approval, you will be exempt
Organizations
Enter on the dotted line to the left of
from paying SE tax on those net earnings.
line 3 of Form 1040-SS, Part V, “Chap. 11
You must pay SE tax on income you
If you had no other income subject to SE
bankruptcy income” and the amount of
earned as a U.S. citizen or a resident of
tax, you are not required to file Form
your net profit or (loss). Combine that
Puerto Rico employed by a foreign
1040-SS. However, if you had other
amount with the total of lines 1a, 1b, and
government (or, in certain cases, by a
earnings of $400 or more subject to SE
2 (if any) and enter the result on line 3.
wholly owned instrumentality of a foreign
tax, see Part V, line A.
For other reporting requirements, see
government or an international
organization under the International
page 21 in the instructions for Form 1040.
If you have ever filed Form 2031,
!
Organizations Immunities Act) for
Revocation of Exemption From
More Than One Business
services performed in the United States,
Self-Employment Tax for Use By
CAUTION
Puerto Rico, Guam, American Samoa,
Ministers, Members of Religious Orders,
If you were a farmer and had at least one
the USVI, or the CNMI. Report income
and Christian Science Practitioners, to
other business or you had two or more
from this employment in Part IV, line 1.
elect social security coverage on your
nonfarm businesses, your net earnings
Enter the net amount from Part IV, line
earnings as a minister, you cannot revoke
from self-employment are the combined
27, in Part V, line 2. If you performed
that election.
net earnings from all of your businesses.
services elsewhere as an employee of a
If you had a loss in one business, it
If you must pay SE tax, include this
foreign government or an international
reduces the income from another.
income in Part IV, line 1. But do not report
organization, those earnings are exempt
Complete and file only one Form 1040-SS
it in Part V, line 5a; it is not considered
from SE tax.
for any 1 year. Attach a separate Part III
church employee income.
or Part IV for each trade or business, and
Commonwealth or Territory
combine the net earnings in a single
Also include in Part IV, line 1:
Residents Living Abroad
•
Part V.
The rental value of a home or
Generally, if you are a resident of Guam,
allowance for a home furnished to you
Joint returns. If both you and your
American Samoa, the USVI, the CNMI, or
(including payments for utilities), and
spouse have self-employment income
•
Puerto Rico living abroad, you must pay
The value of meals and lodging
from separate farm or nonfarm
SE tax.
provided to you, your spouse, and your
businesses, each of you must complete
dependents for your employer’s
Exception. The United States has social
and file a separate Part III or Part IV. Be
convenience.
sure to enter at the top of each Part III or
security agreements with many countries
to eliminate dual taxes under two social
Part IV the name and SSN of the spouse
However, do not include in Part IV,
security systems. Under these
who owns the business. Each of you must
line 1:
agreements, you must generally pay
also complete a separate Part V. Attach
•
Retirement benefits you received from
social security and Medicare taxes only to
these pages to a single Form 1040-SS.
a church plan after retirement, or
the country you live in.
•
The rental value of or allowance for a
Husband-Wife Business
The United States now has social
home furnished to you (including
If you and your spouse jointly own and
security agreements with the following
payments for utilities) after retirement.
operate a farm or nonfarm business and
countries: Australia, Austria, Belgium,
If you were an ordained minister, a
share in the profits and losses, you are
Canada, Chile, Czech Republic,
member of a religious order who has not
partners in a partnership, whether or not
Denmark, Finland, France, Germany,
taken a vow of poverty, or a Christian
you have a formal partnership agreement.
Greece, Ireland, Italy, Japan,
Science practitioner, and were employed
Do not use Part III or IV. Instead, file the
Luxembourg, the Netherlands, Norway,
by a church (congregation) for a salary,
appropriate partnership return.
Poland, Portugal, South Korea, Spain,
do not include that income in Form
Sweden, Switzerland, and the United
Exception — Qualified joint venture.
1040-SS, Part IV. Instead, figure your SE
Kingdom. Additional agreements are
If you and your spouse materially
tax by completing Part V, including on line
expected in the future.
participate (see Material participation in
2 this income and any rental (parsonage)
the 2009 Instructions for Schedule C) as
If you have questions about
allowance or the value of meals and
the only members of a jointly owned and
international social security agreements,
lodging provided to you. On the same
operated business, and you file a joint
you can:
line, subtract the allowable amount of any
Form 1040-SS, you can make a joint
unreimbursed business expenses you
1. Visit the Social Security
election to be taxed as a qualified joint
incurred as a church employee. Attach an
Administration (SSA) website at www.
venture instead of a partnership. To make
explanation.
socialsecurity.gov/international;
this election, you must divide all items of
2. Call the SSA Office of International
income, gain, loss, deduction, and credit
For details, see Pub. 517, Social
Programs at 410-965-3549 (not toll free)
attributable to the business between you
Security and Other Information for
for questions about the agreements; or
and your spouse in accordance with your
Members of the Clergy and Religious
3. Write to Social Security
respective interests in the venture. Each
Workers.
Administration, Office of International
of you must file a separate Part III or Part
Programs, P.O. Box 17741, Baltimore,
IV, as well as a separate Part V. On each
Members of Recognized
MD 21235-7741 USA. (Do not send Form
line of your separate Part III or Part IV,
Religious Sects
1040-SS to this address. Instead, see
you must enter your share of the
Where To File on page SS-3.)
If you have conscientious objections to
applicable income, deduction, or loss. For
social security insurance because of your
complete information on this election, see
Even if you do not have to pay
membership in and belief in the teachings
the 2009 Instructions for Schedule C.
of a religious sect recognized as being in
self-employment tax because of a social
Rental real estate business. If you
security agreement, you may still have to
existence at all times since December 31,
and your spouse make the election for
1950, and which has provided a
file a tax return with the Internal Revenue
your rental real estate business, the
Service.
reasonable level of living for its
income generally is not subject to SE tax
dependent members, you can request
Chapter 11 Bankruptcy Cases
(for an exception, see item 3 under Other
exemption from SE tax by filing Form
Income and Losses Included in Net
4029, Application for Exemption From
While you are a debtor in a chapter 11
Earnings From Self-Employment on page
Social Security and Medicare Taxes and
bankruptcy case, your net profit or loss
SS-7).
Waiver of Benefits. If you filed Form 4029
from self-employment will be included on
and have received IRS approval, do not
the income tax return (Form 1041) of the
If the election is made for a farm rental
file Form 1040-SS. See Pub. 517 for
bankruptcy estate. However, you — not
business that is not included in
details.
the bankruptcy estate — are responsible
self-employment, file two Forms 4835,
SS-2
Instructions for Form 1040-SS (2009)
ADVERTISEMENT
0 votes
Related Articles
Related forms
Instructions For Form 1040-ss - U.s. Self-employment Tax Return (including The Additional Child Tax Credit For Bona Fide Residents Of Puerto Rico) - Internal Revenue Service - 2007
Financial
Instructions For Form 1040-ss - U.s. Self-employment Tax Return (including The Additional Child Tax Credit For Bona Fide Residents Of Puerto Rico) - Internal Revenue Service - 2008
Financial
Instructions For Form 1040-ss - U.s. Self-employment Tax Return (including The Additional Child Tax Credit For Bona Fide Residents Of Puerto Rico) - Internal Revenue Service - 2005
Financial
Instructions For Form 1040-ss - U.s. Self-employment Tax Return (including The Additional Child Tax Credit For Bona Fide Residents Of Puerto Rico) - Internal Revenue Service - 2010
Financial
Instructions For Form 1040-ss - U.s. Self-employment Tax Return (including The Additional Child Tax Credit For Bona Fide Residents Of Puerto Rico) - Internal Revenue Service - 2006
Financial
Instructions For Form 1040-ss - U.s. Self-employment Tax Return (including The Additional Child Tax Credit For Bona Fide Residents Of Puerto Rico) - Internal Revenue Service - 2002
Financial
Instructions For Form 1040-ss - U.s. Self-employment Tax Return (including The Additional Child Tax Credit For Bona Fide Residents Of Puerto Rico) - Internal Revenue Service - 2011
Financial
Instructions For Form 1040-ss - U.s. Self-employment Tax Return (including The Additional Child Tax Credit For Bona Fide Residents Of Puerto Rico) - Internal Revenue Service - 2003
Financial
Related Categories
Parent category: Financial