- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
@DianeW777 So in the scenario where the minister receives wages of for example, $6,000, and has housing allowance of $1,000 used to pay for their mortgage and utilities, would you still select option #4 to pay SE tax on wages & housing allowance? Or would you only pay SE taxes on wages?
Essentially by choosing option #4, it's like saying that they received $7,000 for the year even though they only received $6K in cash. Just want to make sure I'm understanding correctly! Thanks!
March 26, 2021
7:33 AM