NON- Clergy "Housing Allowance" for Medical Workers in California
(Los Angeles, CA)
My employer just informed me that to "save on taxes", I will be paid part of my wages under normal W-2 process,(about 2/3rds) and the rest via a SEPARATE Check called "HOUSING Allowance".
I am paid $60 dollars an hour; they issue a "paycheck" calculating the taxes on $40 dollars an hour; THEN issue a check for $20 dollars an hour WITHOUT DEDUCTING ANY TAXES!
I work for a REGISTRY of Medical people (ie: RN, Respiratory, etc.) and I have to drive "over 50 miles" to my workplace. I DO NOT stay in lodging overnight.
I am worried about my future Social Security benefits and how I show this "compensation" or income on my tax returns!!