Posted by Art_MD on 8/19/05 7:09am
Msg #60157

For discussion - SE tax exempt income in some..

Reply by Art_MD on 8/19/05 7:12am
Msg #60158

Re: oops pressed wrong key..

As discussed many times, income from notary work is SE tax exempt. Most states have a stated max fee. Most notaries use that as basis to figure $ that are exempt.

What about states with no set fee? Has this been discussed by anyone with the IRS? do you pick a $ figure and stick with that number?

Open for discussion.

Art