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Dividends on stock and interest on bonds do not count for Social Security purposes, unless you receive them in the course of business as a dealer in stocks or securities.
Note: The term "bond" includes debentures, notes, certificates and other evidence of indebtedness issued with interest coupons or in registered form by a corporation. Bonds also include Government bonds.
Other interest you receive in the course of business does count for Social Security purposes. For example, if you are a pawnbroker and receive interest on loans or a merchant and receive interest on accounts or notes receivable, you must include this interest in computing net earnings from self-employment.
Last Revised: March, 2001
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Last reviewed or modified Monday Jan 14, 2008 |