Social Security Questions? Ask a Social Security Expert
For 2016 that limit is $15,720 before SSA would reduce your benefits. If you are under full retirement age for the entire year, SSA deducts $1 from your benefit payments for every $2 you earn above the annual limit.
For self employment that is NET EARNINGS.
Net earnings for Social Security are your gross earnings from your trade or business, minus all of your allowable business deductions and depreciation.
Please do not forget or ignore to give a positive rating (look for the STARS or SMILEY FACES). It adds nothing to your costs but it assists me.
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