by Karen
(Algonac, MI)
Last yr the Pastor was part-time and not yet qualified as a licensed pastor, so he got a housing allowance and Fica was taken from his wages which the church paid. The housing allowance was deducted from his gross earnings.
This year he is a licensed minister, and the district removed the housing allowance and added the "fringe benefit" of "parsonage fair value".
My question is: On the quarterly 941 I report the total wages paid, but only figure the Fica based on the earnings of the Office Admin.
So, is the "Parsonage Fair Value" included or excluded from the Total Wages Paid on the 941.
Comments for 941-difference between housing allowance and fair value of parsonage
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