Social Security Amendments of 1987

[AI summary unavailable — showing source text] Social Security Amendments of 1987 - Title I: Coverage - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to include inactive duty military training as covered employment. Amends the OASDI program and the Internal Revenue Code to treat the gross income and deductions derived from a trade or business in community property States as the income and deductions of the spouse who is carrying on the trade or business (removes the preference for the husband). Treats all cash pay of agricultural employees whose employers spend $2,500 or more a year for agricultural labor as covered wages. Considers employer payments into a life insurance plan established for his or her employees as covered wages if such payments are included in the employees' gross income under the Internal Revenue Code. Includes as covered employment: (1) services performed by students; and (2) services performed by one spouse in the employ of the other spouse, except for domestic services performed in the employer spouse's home. Reduces to 18 the age after which services performed in the parent's employ may be treated as employment, but requires a child to be 21 before servi…