Program Operations Manual System (POMS)
TN 17 (05-12)
RS 02505.001 What Annual Earnings Include
A. Income that counts as earnings
Gross wages for services rendered in taxable year (TY); plus
All net earnings from self-employment (NESE) for that TY; minus
Any net loss from self-employment (SE) for that TY.
B. Exceptions for NESE and Wages
For information concerning the self-employment income (SEI) exclusion provisions, see RS 02505.125.
For information concerning royalties, see RS 02505.060.
Wages - For information concerning income that is not “wages” for earnings test (ET) purposes, but may be wages for coverage purposes, see RS 02505.045.