Do you report Housing allowance on 1099-MISC as income in schedule C 1b?

Forum|Forum|7 years ago
June 6, 2019
1 reply
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I followed the steps in FAQ "How do I enter a parsonage or housing allowance if I got a 1099-MISC?" to enter housing allowance. Do I also have to then enter the same amount as income in schedule C, 1b?

TurboTax Home & Biz Windows

DianeW777

Level 15

When you receive a Form 1099-MISC Box 7 and not a W-2, Enter the 1099-MISC as business income. For the principal business code, use 813000 (religious organization). After you enter that business code you will get a screen about clergy income. Select "I Need to Pay Self-Employment Tax on This Income." The next screen will ask you to enter the amount of your housing allowance. Continue through the business interview and enter your 1099-MISC.

You can go directly to the area to begin to enter your income and expense for your pastoral self employment.

Select the Federal taxes tab (Business tab in Self Employed Online or TurboTax Home & Biz Desktop)
Select Wages & Income
Scroll to Business Income
Start or Update
Use the information above to complete your return. (see image attached).

For more information you might like to review the information below.

https://ttlc.intuit.com/replies/5891631

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