Taxpayer is on social security and is also a minister with a church. He has a wage in box 1 of the W-2, schedule C income and some excess housing allowance that is reported with the wages on the form 1040. I added the wage from the W-2, plus the schedule C net income less half the FICA tax on the schedule C income. I expected to find this number on the Worksheet called Social Security recipients who contribute to a traditional IRA line 2.
The number on line 2 is much lower and is restricting the IRA contribution.
Do you know how I can see the math the program is using to get to wages and other earned income on line 2 of this worksheet? I am afraid the software knows a special rule for clergy that I don’t know. I was going to just override the calculation but hope to first see the math
Any ideas?
