Solved: My clergy employment is only 12% of my total income. Should I use 12% of my housing costs as my housing allowance?
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My clergy employment is only 12% of my total income. Should I use 12% of my housing costs as my housing allowance?

 
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My clergy employment is only 12% of my total income. Should I use 12% of my housing costs as my housing allowance?

If you have a properly designated housing allowance from your church, you can use up to the total of all your housing costs.  You don't have to pro-rate it.  But if you don't have a properly designated housing allowance (by the board, in advance and in writing) then you can't exclude your housing costs at all.

You may want to read this http://www.ecfa.org/PDF/2016-Preparing-Tax-Returns-For-Clergy.pdf


*Answers are correct to the best of my ability but do not constitute legal or tax advice.*
**If a post answers your question, choose it by clicking on "Mark as Best Answer".**

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Level 15

My clergy employment is only 12% of my total income. Should I use 12% of my housing costs as my housing allowance?

If you have a properly designated housing allowance from your church, you can use up to the total of all your housing costs.  You don't have to pro-rate it.  But if you don't have a properly designated housing allowance (by the board, in advance and in writing) then you can't exclude your housing costs at all.

You may want to read this http://www.ecfa.org/PDF/2016-Preparing-Tax-Returns-For-Clergy.pdf


*Answers are correct to the best of my ability but do not constitute legal or tax advice.*
**If a post answers your question, choose it by clicking on "Mark as Best Answer".**

View solution in original post

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