Hi Jeffrey, First, thanks for dropping by… always appreciate your comments in our linkedin group.

Second, regarding making Schedule E income subject to SE taxes, gosh, that would shock me. The House seemed pretty explicit that they didn’t want to expand the SE tax base when they were writing the law. Further much of the stuff that’s qualified business income is specifically not SE earnings: REIT dividends, publicly traded partnership distributive shares, S corporation income, etc. It would seem to me to be a massive edit of the statute (and a shrinking of the benefit Congress intended) to change the rules for SE taxes.