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W2 that maxes out social security taxes and additional non profit parsonage income that needs to pay only medicare.
I have a job that pays me on a regular w2, for which I paid full max social security taxes ($7,886.40). I also get parsonage from a non profit for which I work. When I enter my info for the Clergy Self Employment Tax, it gives me 5 options.
None of which is to pay only Medicare taxes.
I already paid the max social security taxes, and if I select Pay self employment tax on housing wages and housing allowance it deducts social security and medicare. it should only deduct medicare bc social security is at max.
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‎June 5, 2019
4:57 PM