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I earned about 20K last year in stock market, i have no job, if i files tax, can i get social security point ? - Printable Version

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I earned about 20K last year in stock market, i have no job, if i files tax, can i get social security point ? - Penguin - 10-12-2012 08:36 PM

I do not konw how can one get social security point....I was laied off in 2006 and i didn't work in 2007 but i have around 20K income from stock market in 2007, will I get socity security point from files those income in my 2007 tax ?


- dj - 10-12-2012 08:44 PM

Nope - you have to have W-2 wages or self-employment income to get wage credit with SSA.

Stock sales are capital gains income.


- Jss - 10-12-2012 08:44 PM

Gain from the sale of stocks is not considered earned income. Social security taxes are paid only on earned income.