by Kori
(Texas)
My husband is a full time pastor and has been for years. He also has an approved form 4361 exemption from SE taxes for his work performed as a minister.
However, part-time he is a realtor and this year, 2016, he made a 10k profit on his real estate business.
I was under the impression that although he was exempt from SE taxes for his ministerial salary, he would still have to pay SE taxes for his secular real estate sales.
However, the online tax software I am using completely exempts him on Line 57 on the 1040, and the Schedule SE is not even included with the schedule C for his real estate business.
I feel this is in error, but I need advise to know if maybe I have completely misunderstood the tax law about the exemption of the 4361 exempting him from any SE taxes whether the work is ministerial or secular.
Comments for FT Pastor with approved 4361. Still needs to pay SE taxes on secular work?
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