Pastor S Housing Allowance Worksheet

Only expenses incurred after the allowance is officially designated can qualify for tax exemption.

Pastor s housing allowance worksheet. Minister s housing allowance in order to claim minister s housing allowance exemptions for federal income tax purposes on your retirement distributions you. Clergy housing allowance worksheet tax return for year 200 note. For information on earnings for clergy and reporting of self employment tax refer to tax topic 417 earnings for clergy. Properly designated housing allowance b the amount excludable from income for federal income tax purposes is the lower of a or b or reasonable compensation.

For more information on a minister s housing allowance refer to publication 517 social security and other information for members of the clergy and religious workers. The housing allowance simply treats ministers like secular workers. Worksheet for calculating. This worksheet is provided for educational purposes only.

First the elimination discrimination against ministers in the tax code in several provisions granting housing benefits to secular workers. Excludable housing allowance for tax year 201. You should discuss your specific situation with your professional advisors including the individual who assists with preparation of your final tax return. The point here is that for many years the only tax.

Minister s housing expenses worksheet annual housing expenses rent if a primary residence was ented for all or part of the year. It includes spaces for the most common housing expenses and several open spaces for your own unique expenses. Your excludable housing allowance will be the smallest of methods 1 2 or 3. The housing allowance for pastors is not and can never be a retroactive benefit.

Housing allowance exclusion for retired ministers retain this sheet for your tax records. 2019 minister housing allowance worksheet download if you just want a real piece of paper to write on click the download button above and print out the document. This worksheet is provided for educational and tax preparation purposes only. You should discuss your specific situation with your professional tax advisors.

Second the elimination of discrimination between ministers.