My husband receives a clergy housing allowance. I entered the housing allowance with the business code. Where do I find the deduction?

kjmiller356 — Sat, 01 Jun 2019 17:53:52 GMT

It is not exactly a deduction unless your husband is self...

Cindy0H — Sat, 01 Jun 2019 17:53:53 GMT

It is not exactly a deduction unless your husband is self employed. This is where you will find it: Include any amount of the allowance that you can't exclude as wages on line 1 of Form 1040, U.S. Individual Income Tax Return. Enter “Excess allowance” and the amount on the dotted line next to line 1.

A minister's housing allowance (sometimes called a parsonage allowance or a rental allowance) is excludable from gross income for income tax purposes but not for self-employment tax purposes.

If you receive as part of your salary (for services as a minister) an amount officially designated (in advance of payment) as a housing allowance, and the amount isn’t more than reasonable pay for your services, you can exclude from gross income the lesser of the following amounts:

the amount officially designated (in advance of payment) as a housing allowance;
the amount actually used to provide or rent a home; or
the fair market rental value of the home (including furnishings, utilities, garage, etc.).

topic My husband receives a clergy housing allowance. I entered the housing allowance with the business code. Where do I find the deduction? in Business & farm

My husband receives a clergy housing allowance. I entered the housing allowance with the business code. Where do I find the deduction?

It is not exactly a deduction unless your husband is self...