No, not as far as I’m concerned. The IRS *may* be thinking that, but I don’t really know. I didn’t report it that way. I was self-employed for more than 25 years and reported as such, with a Sched C and other attachments.
Then I went broke, thanks to the rent being doubled on my house/office that I had leased for 10 years, and got sick all at the same time, almost 4 years ago. I was homeless and penniless except for a small amount of oil & gas income. I figured it up and realized I could potentially live on it until my life got “fixed.”
Lost everything related to both of my businesses, so that income was also lost. Sold my car to pay movers, got a cheap apt, put all my things in storage and lived on $100/month. Oil went up last year and now I live on $150/month, sometimes $200. Cannot afford doctor, had already let my insurance go when I started my 2nd business - hadn’t had any claims in 20 years.
Now I am so asthmatic (or worse) that I can barely walk, but am able to get across the street to a Walgreen’s and a grocery store every two weeks. My income goes to my PO Box I’d had for 20 years, several miles away, but I won’t ride the bus any longer because of some bad things that almost happened to me, plus getting sick all the time.
A former neighbor (moonbat) used to take me to my PO Box and to the bank once a month to get my money and do my banking, but she got mad that I get money from “Big Oil” and quit. Now I have to pay $30-40 cab fare once a month to get my money and put it in the bank.
The former neighbor refused to take me to the DMV to get my DL renewed, so I don’t even have that anymore and can’t get notarizations for my O&G documents, so have lost some income. (Can’t even vote anymore, which is why I’m not on the political threads.)
So, I don’t consider the O&G income as self-employment income, I report on Sched E as always. I have almost 0 expenses against it - maybe an LD phone call a year.
Also, because of that, the couple of years before I went broke, I lived without income, building my 2nd business and used this extra (O&G royalties) to pay other living expenses - so didn’t call it SE. Thus, SS wrote me out of the clear blue sky to tell me I’m not eligible for anything, because they think I made too little income those years!
(And FWIW, I can’t get any help from any govt because of my assets and they wanted me to sign them over to the state or liquidate them to 0. I’d be dead if I had done that 4 years ago - but now I’m being penalized. I thought the oil companies were withholding 28% for taxes, so I reported it that way - evidently, they weren’t.)
It is pretty well known that for someone to collect SS from disability you need to hire an attorney well versed on that law and have them appeal the your adverse ruling. They almost always say no.
My young son, recently, decided to spend a few years traveling around. He quit his job, and did not renew his lease on his apartment, and had to find a place to store the stuff he has accumulated over a few years. He ruled out storage units, because the stuff he had to store was not really worth the price charged for storage over a year or more. (He tried to store it here, but I've got much to much clutter myself).
Perhaps you can sell your stored stuff on E-Bay, eliminate your storage charges, and make a little money. (hide it from IRS though).