Reporting Housing Allowance on a W-2
I am receiving conflicting information regarding reporting a housing allowance on a W-2--how much of our pastor's housing allowance must be reported on his W-2 in Box 14?
I have had one Treasurer say 50% and a couple of others say 100%.
Any information on this would be helpful.
God Bless.vickey's reply
You would report 100%
of the paid housing allowance payments in Box 14 of the minister's W-2. Know the answer? Face the same situation? Please post your answer or comment by using the "comment" link below. Thank you!
Click here to post comments
Join in and write your own page! It's easy to do. How? Simply click here to return to Housing Allowance.
Need a Consultation, help setting up an effective Accounting System, or someone to do your monthly bookkeeping?