1102.Personal Services
1102.1Are personal services required for income to count toward Social Security?
Personal services are not required. You may carry on a business through employees. Thus, absentee owners or silent partners can derive income from a trade or business.
1102.2Are limited partners covered by Social Security?
For taxable years beginning after 1977, limited partners are excluded from Social Security coverage. Previously, limited partners could be covered on the same basis as other partners.