Instructions For Form 1040-Ss Page 9
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13applies even if you paid another person
9. Interest received in the course of
6. Payments you receive from the
(an agent) to do the actual work or
any trade or business, such as interest on
Conservation Reserve Program (CRP) if
management for you. For details, see Pub.
notes or accounts receivable.
you are receiving social security benefits
225.
for retirement or disability. Deduct these
10. Fees and other payments received
payments on line 1b of Part V.
by you for services as a director of a
Other Income and Losses
corporation.
7. Dividends on shares of stock and
interest on bonds, notes, etc., if you did
Included in Net Earnings
11. Recapture amounts under sections
not receive the income in the course of
179 and 280F included in gross income
From Self-Employment
your trade or business as a dealer in
because the business use of the property
1. Rental income from a farm if, as
stocks or securities.
dropped to 50% or less. Do not include
landlord, you materially participated in the
amounts you recaptured on the disposition
8. Gain or loss from:
production or management of the
of property. See Form 4797.
a. The sale or exchange of a capital
production of farm products on the land.
12. Fees you received as a
asset;
This income is farm earnings. To
professional fiduciary. This may also apply
b. Certain transactions in timber, coal,
determine if you materially participated in
to fees paid to you as a nonprofessional
or domestic iron ore; or
farm management or production, do not
fiduciary if the fees relate to active
consider the activities of any agent who
c. The sale, exchange, involuntary
participation in the operation of the
acted for you. The material participation
conversion, or other disposition of
estate's business or the management of
tests for landlords are explained in Pub.
property unless the property is stock in
an estate that required extensive
225.
trade or other property that would be
management activities over a long period
includible in inventory, or held mainly for
2. Cash or a payment-in-kind from the
of time.
sale to customers in the ordinary course of
Department of Agriculture for participating
13. Gain or loss from section 1256
the business.
in a land diversion program.
contracts or related property by an options
9. Net operating losses from other
3. Payments for the use of rooms or
or commodities dealer in the normal
years.
other space when you also provided
course of dealing in or trading section
substantial services for the convenience of
10. Termination payments you
1256 contracts.
your tenants. Examples are hotel rooms,
received as a former insurance
Income and Losses
boarding houses, tourist camps or homes,
salesperson if all of the following
parking lots, warehouses, and storage
Not Included in Net Earnings
conditions are met.
garages. See Pub. 334 for more
From Self-Employment
a. The payment was received from an
information.
insurance company because of services
1. Salaries, fees, etc., subject to
4. Income from the retail sale of
you performed as an insurance
social security or Medicare tax that you
newspapers and magazines if you were
salesperson for the company.
received for performing services as an
age 18 or older and kept the profits.
b. The payment was received after
employee, including services performed
5. Income you receive as a direct
termination of your agreement to perform
as a public official (except as a fee basis
seller. Newspaper carriers or distributors
services for the company.
government employee as explained in
of any age are direct sellers if certain
item 8 under
Other Income and Losses
c. You did not perform any services
conditions apply. See Pub. 334 for details.
Included in Net Earnings From
for the company after termination and
6. Amounts received by current or
Self-Employment, earlier).
before the end of the year in which you
former self-employed insurance agents
received the payment.
2. Fees received for services
and salespersons that are:
performed as a notary public. However, if
d. You entered into a covenant not to
a. Paid after retirement but figured as
you have other earnings of $400 or more
compete against the company for at least
a percentage of commissions received
subject to SE tax, on the dotted line next
a 1-year period beginning on the date of
from the paying company before
to Part V, line 3, enter “Exempt—Notary”
termination.
retirement,
and the amount of your net profit as a
e. The amount of the payment
notary public included in line 2. Subtract
b. Renewal commissions, or
depended primarily on policies sold by or
that amount from the total of lines 1a, 1b,
credited to your account during the last
c. Deferred commissions paid after
and 2 and enter the result on line 3.
year of the agreement, or the extent to
retirement for sales made before
3. Income you received as a retired
which those policies remain in force for
retirement.
partner under a written partnership plan
some period after termination, or both.
However, certain termination payments
that provides lifelong periodic retirement
f.
The amount of the payment did not
received by former insurance
payments if you had no other interest in
depend to any extent on length of service
salespersons aren't included in net
the partnership and did not perform
or overall earnings from services
earnings from self-employment (as
services for it during the year.
performed for the company (regardless of
explained in item 10 under
Income and
4. Income from real estate rentals if
whether eligibility for the payment
Losses Not Included in Net Earnings From
you did not receive the income in the
depended on length of service).
Self-Employment).
course of a trade or business as a real
Line 1b
7. Income of certain crew members of
estate dealer. Report this income in Part
fishing vessels with crews of normally
IV if you and your spouse made an
If you were receiving social security
fewer than 10 people. See Pub. 334 for
election to be taxed as a QJV.
retirement or social security disability
details.
benefits at the time you received your
5. Income from farm rentals (including
8. Fees as a state or local government
Conservation Reserve Program (CRP)
rentals paid in crop shares) if, as landlord,
employee if you were paid only on a fee
payment(s), include the amount of your
you did not materially participate in the
basis and the job was not covered under a
taxable CRP payment(s) in the total on
production, or management of the
federal-state social security coverage
line 1b. The amount of these payments is
production, of farm products on the land.
agreement.
included in Part III, line 6, and in
See Pub. 225 for details.
information received from farm
Instructions for Form 1040-SS (2016)
SS-9
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