20 CFR § 404.142 - How we credit self-employment income to calendar quarters for taxable years beginning before 1978.
---
identifier: "/us/cfr/t20/s404.142"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "20 CFR § 404.142 - How we credit self-employment income to calendar quarters for taxable years beginning before 1978."
title_number: 20
title_name: "Employees' Benefits"
section_number: "404.142"
section_name: "How we credit self-employment income to calendar quarters for taxable years beginning before 1978."
chapter_name: "SOCIAL SECURITY ADMINISTRATION"
part_number: "404"
part_name: "FEDERAL OLD-AGE, SURVIVORS AND DISABILITY INSURANCE (1950- )"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
cfr_part: "404"
---
# 404.142 How we credit self-employment income to calendar quarters for taxable years beginning before 1978.
In crediting quarters of coverage under § 404.141(b)(2), we credit any self-employment income you derived during a taxable year that began before 1978 to calendar quarters as follows:
(a) If your taxable year was a calendar year, we credit your self-employment income equally to each quarter of that calendar year.
(b) If your taxable year was not a calendar year (that is, it began on a date other than January 1, or was less than a calendar year), we credit your self-employment income equally—
(1) To the calendar quarter in which your taxable year ended; and
(2) To each of the next three or fewer preceding quarters that were wholly or partly in your taxable year.