pkellycpa
Level 5
Is operating a self storage business subject to self employment tax?
0 Cheers
dkh
Level 15
Terry53029
Level 15
Level 15

If real property you would put it on 1040 schedule E. not subject to se tax

TaxGuyBill
Level 15

If it provides "services", yes, self employment tax applies and it goes on Schedule C.

If "services" are not provided, it goes on Schedule E.

From what I remember from court cases, I think I came to the conclusion that most self-storage facilities do NOT provide "services".

Terry53029
Level 15
Level 15

If you read the instructions for schedule E, line one says as an example "self storage unit" so I can see why the court cases would side with schedule E, therefore no SE tax