H.R. 4215 would amend the Internal Revenue Code of 1986 to update the optional methods for computing net earnings from self-employment.

== Detailed Summary ==

<summary>
(Log in to editAmends the wikiInternal Revenue Code and betitle II (Old Age, Survivors, and Disability Insurance Benefits) of the firstSocial Security Act to providerevise the optional method of computing the net earnings of self-employed individuals for purposes of determining social security benefit eligibility. Replaces the numerical formula for determining benefit eligibility with an indexed calculation based on a detailed summarylower limit (the amount required under the Social Security Act for a quarter of coverage) and an upper limit (150 percent of the bill!)lower limit).
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== Status of the Legislation ==

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(Log inLatest Major Action: 11/15/2007: Referred to House committee. Status: Referred to edit the wikiHouse Committee on Ways and be the first to update the status of the bill!)Means.
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== Points in Favor ==

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== Points Against ==

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