1 июн. 2019 г. · No. Those payments to you as trustee, under that fact pattern, would not qualify as earnings from employment or a trade or business.

31 окт. 2007 г. · If paid to a professional executor or administrator, self-employment tax also applies to such fees.

30 мар. 2019 г. · In general, non-professional executors and trustees are not subject to self employment taxes. Recurring fees might be considered to be earned income.

10 сент. 2024 г. · Professional trustees also have to pay self-employment tax on the fees they receive.

Whether a fiduciary—such as a trustee, an executor, or an estate administrators—is subject to self-employment tax depends on whether he or she is a professional ...

Therefore, all of his fees expressly allowed by the court for such activities are includible in computing his net earnings from self-employment.

3 февр. 2014 г. · A professional personal representative or Trustee, however, will report fees as self-employment income subject to self-employment tax in ...

30 дек. 2023 г. · Far as I know, any pay you take for being a trustee is taxable income to you. However, you can also be reimbursed for any expenses you incur ...

11 апр. 2011 г. · If you are in the business of being a trustee, the answer is yes, if received by an individual. If you are not in the business, ie., doing it as ...

This interview will help you determine if you should include in income the fee you received for services performed as executor, administrator, or personal ...