Thanks.1. Ok, I'm guessing that I'm being taxed a SE tax of about$15k for a total of 102k income. And the rest of the taxes that bring the taxes from 15k up to ...
Thanks.Ok, but 15.3% of $102,300 is $15,651. Why am I taxed over $19k?And if my salary plus housing allowance from the church is 82k, and I’m getting $6k a mont...
Hi Dave!You said,4. It sounds like your self-employment tax is based from a $103,772 housing allowance because of the following formula to determine self-employ...
My church doesn’t withhold anything. The boxes 3-6 are blank.I’m clearly paying the full 15.3% SE tax (SS & Medicaid) on 41k taxable income. If it’s 46% tax tot...
Yes, clearly it's all being considered self-employment. But why? It's nothing like owning a business. I was a guest speaker once, serve as a pastor for a job, a...
