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Petitioner was paid for brokering security services. He
says he served as a middleman and did not realize any profit from
this one-time assignment because all the revenue he received was
paid out to the workers. Petitioner had hoped that this
assignment would result in subsequent security jobs, but such was
not the case. Petitioner, however, does not have any records
documenting any deductible expenses he may have paid. Therefore,
the Court holds that petitioner is liable for self-employment tax
on the income he earned providing the security services.
Reviewed and adopted as the report of the Small Tax Case
Division.
To reflect the foregoing,
Decision will be entered
under Rule 155.
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Last modified: May 25, 2011