topic Tax program for clergy in Get your taxes done using TurboTax

Tax program for clergy

racsail — Fri, 06 Apr 2018 18:32:40 GMT

Does Turbo Tax offer a program for filing a return for a member of the clergy. It would have to include a way of dealing with housing allowances and expenses.

Re: Tax program for clergy

LindaA — Sat, 07 Apr 2018 00:58:05 GMT

Yes, you can use TurboTax Self-Employed or a TurboTax CD/Download software product to file a clergy return, including housing allowance and expenses.

For more information and links to instructions for entering your housing allowance in TurboTax, please see this FAQ: Is a parsonage or housing allowance deductible?

Re: Tax program for clergy

Tazz3L — Wed, 18 Apr 2018 00:44:21 GMT

I have used Turbo tax for over a decade and it has correctly asked me about my housing allowance and related expenses. On line 7 it will print "EXCESS ALLOWANCE $xxx" if you spent less than the amount on your W-2 or 1099.

For example my Housing allowance on my w-2 might be 12,000 but I can only account for 11,000 of expenses. So line 7 of my return in T-Tax will say "EXCESS ALLOWANCE 1,000"