Should total wages reported on w-2 box 1 include housing allowance?
In box 1 of my w-2 the church reported my total wages to include my housing allowance. I am a full time pastor. I thought box one should only report wages minus housing allowance. Is this correct?
I am a newly ordained pastor, can you recommend a solid tax resource to help me figure out all of the tax laws related to full time ministers?vickey's reply
Your W-2 in incorrect and needs to be corrected as soon as possible.
Your housing allowance should go in box 14 and your wages should go in box 1 of your W-2.
These books are a good resource for ministers and their taxes:
Dan Busby's Zondervan Minister’s Tax and Financial Guide
Richard Hammar's Church and Clergy Tax Guide
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?