Self-Employment Tax Applies To Partners, IRS Tells 1st Circ.

By Kat Lucero · November 26, 2025, 5:03 PM EST

An energy investment fund's limited partners are not exempt from self-employment tax, the IRS told the First Circuit on Wednesday, saying the partnership wrongly relied on state law to treat full-time...

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Documents

Case Information

Case Title

Denham Capital Management LP, et al v. Bessent

Case Number

25-1349

Court

Appellate - 1st Circuit

Nature of Suit

US tax court 

Date Filed

April 11, 2025