Clergy Housing Allowance Worksheet
Free Printable Clergy Housing Allowance Worksheet
This worksheet is provided for educational and tax preparation purposes only.
Clergy housing allowance worksheet. It includes spaces for the most common housing expenses and several open spaces for your own unique expenses. Worksheets are clergy housing allowance work clergy housing allowance work clergy tax work clergypastor housing allowance faqs pastor compensation best practices work clergy compensation guidelines 2019 instructions for the 2019 clergy lay assigned 2018 publication 517. Excludable housing allowance for tax year 201. Displaying all worksheets related to clergy housing allowance.
Your excludable housing allowance will be the smallest of methods 1 2 or 3. Clergy displaying top 8 worksheets found for this concept. Housing allowance exclusion for retired ministers retain this sheet for your tax records. The portion of your home used to generate income is not eligible for the clergy housing allowance.
Clergy housing allowance worksheet tax return for year 200 note. 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. You should discuss your specific situation with your professional advisors including the individual who assists with preparation of your final tax return. 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.
You can change your housing allowance mid year. Under current law retired ministers may exclude all or a portion of their church retirement pension from gross income as housing a llowance if the pension represents contributions made while performing services in the exercise. Minister s housing expenses worksheet annual housing expenses rent if a primary residence was ented for all or part of the year. Housing exclusion worksheet minister living in home minister owns or is buying minister s name.
This worksheet is provided for educational purposes only. You should discuss your specific situation with your professional tax advisors. For information on earnings for clergy and reporting of self employment tax refer to tax topic 417 earnings for clergy. Worksheet for calculating.
Some of the worksheets for this concept are clergy housing allowance work clergy tax work clergy housing allowance work workers religious clergy and and other clergy person compensation work clergy income expense work year instructions for completing the 2018 clergy compensation 2016 2017 clergy compensation. 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.