Date: Sat, 18 Feb 2006
Dear Mr. Gray:
Do you have a citation that says fees received by a non-professional fiduciary aren't subject to self-employment tax?
Thanks for your help,
Date: Mon, 06 Mar 2006
Revenue Ruling 58-5. If the trustee is actively involved in operating a business for the trust, the fees can be self-employment income. In most cases, they aren't.
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