by Susan
(Illinois)
Our church provides our pastor with a parsonage and utilities, free if charge.
He is also paid a salary per week. He wants to have all of his salary designated as housing allowance, even though the house is provided and he has no housing expenses.
Can this be done legally?
I think the salary should be considered income for tax purposes, and the Fair Rental Value of the parsonage and utilities be calculated and included when figuring out the self employment tax.
Comments for Paying Housing Allowance AND providing a parsonage w/utilities
|
||
|
||