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FresnoDoug
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Reged: 09/08/11
Posts: 1
Self-employment tax and spousal support
      #761867 - 09/08/11 06:55 PM

About half of my income is schedule C. My spousal support order will be based on a fixed monthly amount plus a percentage of this schedule C income. The order directs that the spousal support is tax deductible for me and taxable for my ex.

Will the portion of my spousal support that is based on the schedule C income be subject to self-employment tax?


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DedicatedDad
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Reged: 09/05/04
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Re: Self-employment tax and spousal support [Re: FresnoDoug]
      #761962 - 09/08/11 11:59 PM

It shouldn't be, but only a tax accountant could tell you for sure.

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Avaya
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Re: Self-employment tax and spousal support [Re: DedicatedDad]
      #761997 - 09/09/11 12:09 PM

SE Tax will be calculated normally. The fact that a % is applied to calculate how much you will pay in alimony is irrelevant. The alimony will not be a deductible expense on your Schedule C.

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