§ 404.1066. Trade or business in general.
63 words·~1 min read·
/us/cfr/t20/s§ 404.1066·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For you to be covered as a self-employed person for social security purposes, you must be engaged in a trade or business. You can carry on a trade or business as an individual or as a member of a partnership. With some exceptions, the term trade or business has the same meaning as it does when used in section 162 of the Code.