Carried Interest for the Common Man

10 Pages Posted: 18 Apr 2014 Last revised: 28 May 2014

Richard Winchester

Thomas Jefferson School of Law

Date Written: March 17, 2014

Abstract

This article describes how a self-employed individual can minimize federal tax on his earnings when he operates his business through a formal business entity. The article also assesses the merits of a proposal to address the situation.

Keywords: self-employment tax, payroll tax, FICA, SECA, Medicare surtax

JEL Classification: H24, H25, H26, K34

Suggested Citation

Winchester, Richard, Carried Interest for the Common Man (March 17, 2014). Tax Notes, Vol. 142, No. 11, p. 1250, March 17, 2014; Thomas Jefferson School of Law Research Paper No. 2419192. Available at SSRN: https://ssrn.com/abstract=2419192

Richard Winchester (Contact Author)

Thomas Jefferson School of Law ( email )

1155 Island Ave
San Diego, CA 92101
United States
619-961-4332 (Phone)

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