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of any trade or business by such individual less allowable
deductions attributable to such trade or business.
We agree with respondent. We conclude that petitioners are
liable for self-employment tax in 1995 in accordance with section
1401 based upon petitioners’ self-employment income (including
the reported and unreported income) from The Ultimate Comeback.
To reflect the foregoing,
Decision will be entered
under Rule 155.
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