RE: https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/parsonage-housing...
This is the "Standard method" for Housing Allowance. I am familiar with this. This guidance does not answer the question, because:
- The Pension Amount is DESGNATED as housing allowance. This is an allowable election when choosing to begin receiving the pension.
- The clergy HAS income, both 1099 and W2.
- The 1099 income has a net loss of ~$500
- The W2 Income has Social Security Taxes Deducted
- Turbotax sees the Housing allowance as additional income, subject to SE tax, and calculates an amount due.
Per the resources cited, and quoted in my original post, this Pension designated housing allowance IS NOT subject to Self-employment Taxes.
Where is the adjustment made in Turbotax? I can OVERRIDE a field but would prefer not to do that if a more standard method is available.
I'm currently investigating the SE adjustments form.....
