Housing allowance reported in W-2 box 14 but not actually received
Housing Allowance Package
I have received from my church W-2 form that includes HA in box 14 as others. But the total amount in box 14 was not received.
For example, church designated $1,000/month for HA and $100/month for utility and church paid total $1,100/month. Church also designated $2,000/year as other housing expenses (repairs, remodeling, etc.) and this amount was included in the box 14, for a total amount of $15,200 ($12000+$1200+$2000) for the year.
But the $2,000/year amount was actually not paid by church. If I had expenses (repairs) that exceeded $2,000, am I able to deduct $2,000 from my income and if so where do I report this amount in form 1040? Do I have to include $2,000 in calculating SE tax?
FYI I own my home. Thank you for your help
I am not sure exactly what you are asking. Box 14 on your W-2 should only include actual HA payments paid to you. If the amount is incorrect, a corrected W-2 needs to be filed.
You will report the eligible amount on your Schedule SE on your 1040 form because your housing allowance is included when calculating the SE tax.