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Code · CFR · Title 20 — Employees' Benefits · Part 404 — Federal Old-Age, Survivors and Disability Insurance (1950- ) · § 404.1089

§ 404.1089. Figuring net earnings for residents and nonresidents of Puerto Rico.

127 words·~1 min read·/us/cfr/t20/s§ 404.1089·

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(a)Residents. If you are a resident of Puerto Rico, whether or not you are an alien, a citizen of the United States, or a citizen of Puerto Rico, you must figure your net earnings from self-employment in the same manner as would a citizen of the United States residing in the United States. In figuring your net earnings from self-employment you must include your income from sources in Puerto Rico even though you are a resident of Puerto Rico during the entire taxable year.
(b)Nonresidents. A citizen of Puerto Rico, who is also a citizen of the United States and who is not a resident of Puerto Rico must figure net earnings from self-employment in the same manner as other citizens of the United States.
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