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rgkar
New Member

What if my actual housing expenses are higher than my designated amount? How do I enter that?

I have a designated amount for housing/parsonage allowance on my W2 however the actual expenses were higher.  How do I enter that on Turbo Tax?  Do I enter the designated W2 amount in the "Housing Allowance" box and the actual higher amount in the "Qualifying Expenses" box?

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1 Reply
IsabellaG
Expert Alumni

What if my actual housing expenses are higher than my designated amount? How do I enter that?

You don’t get a  deduction if your actual expenses are higher than your parsonage allowance. On that screen, enter the lowest of these amounts:

- Your qualified housing expenses

- The fair rental value of your housing expenses plus utilities, or

- Your housing or parsonage allowance




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