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MequonCPA
MequonCPA, Certified Public Accountant (CPA)
Category: Social Security
Satisfied Customers: 2342
Experience:  CPA w/Masters in Tax. 30+ years experience.
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I have a property for renting and received some payments last

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I have a property for renting and received some payments last year. This is the investment profit income. My question is: Do I need to pay social security tax for it as well?
Hi and welcome to JustAnswer:

You will report your rental income and expenses on Schedule E. These amounts are not subject to self employment tax (Social Security & Medicare).
MequonCPA and other Social Security Specialists are ready to help you