Why Isn't My Full Self-Employment Net Income Shown On My Social Security Earnings Record?
Why is the lesser amount on my SE Tax form of my returns reported to SS for my "benefit income"?
Ex. I am self employed, my net income is $53,660, which gets transferred to the SE Tax form to calculate what I owe for that, and yet the SS benefits website is reporting the LESSER number on that form to calculate my benefits, so they're picking up the $49,555, not the net income of $53,660. Why?