Also consider:
Periods of Vacation, Sickness or Other Illness
-
Consider the beneficiary as not rendering services if idle for those reasons.
Distinguish Ownership from SS
-
•
Ownership of an operating business is not controlling in establishing retirement.
-
•
Retirement does not require divestment of ownership.
-
•
Beneficiary may arrange affairs so as not to require SS in one or more months.
Distinguish Between Earnings and SS
-
•
There is not necessarily a connection between earnings from SE and SS.
-
•
Earnings from SE may come after the month services were rendered.
-
•
Earnings may represent profits based solely on investments or past services.
-
•
Services may be substantial in a month in which no income is realized.
-
•
Services may not be substantial in a month of substantial earnings.
-
•
Consider earnings to the extent that earnings from SE truly reflect the kind and amount
of services rendered in a month.