As far as I can tell, preachers are still getting W-2s with specified untaxable amounts labeled as housing allowance.
Schedule SE makes no mention of housing allowance (unless I'm blind). However it refers the reader to instructions
for ministers to define how much to put in the line item. As far as I know, a minister's housing allowance is still
tax-exempt from income tax, taxable for SE tax, and creates an allocation process for deductible expenses.
Has anyone else noticed that the bucket for housing allowance has disappeared from the taxpayer's Sch. SE?
Schedule SE makes no mention of housing allowance (unless I'm blind). However it refers the reader to instructions
for ministers to define how much to put in the line item. As far as I know, a minister's housing allowance is still
tax-exempt from income tax, taxable for SE tax, and creates an allocation process for deductible expenses.
Has anyone else noticed that the bucket for housing allowance has disappeared from the taxpayer's Sch. SE?
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