---
kind: "section"
citation: "20 C.F.R. § 404.142"
title: "20"
number: "404.142"
heading: "How we credit self-employment income to calendar quarters for taxable years beginning before 1978."
url: "https://uscodex.org/cfr/20/404.142"
---

# §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)](/cfr/20/404.141.md?p=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.**

## Notes

### Authority

Authority: Secs. 205(a), 212, 213, 214, 216, 217, 223, and 702(a)(5) of the Social Security Act (42 U.S.C. 405(a), 412, 413, 414, 416, 417, 423, and 902(a)(5)).

### Source

Source: 45 FR 25384, Apr. 15, 1980, unless otherwise noted.