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Bivocational Minister's income exceeds Social Security Maximum Amount

by Dean Turvaville
(Clovis,NM)

Is a Minister, whose secular income exceeds the Social Security Maximum amount required to pay Social Security Tax and thus at some point he stops paying the tax during the year, required to pay Self Employment Tax on his housing allowance he receives from the church?

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Comments for Bivocational Minister's income exceeds Social Security Maximum Amount

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Nov 02, 2010
 SE tax
by: Carol

Yes, but I believe if you work through the form carefully you will see that the tax amount will end up being just medicare-equivalent, rather than both social security- AND medicare-equivalent.

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Join in and write your own page! It's easy to do. How? Simply click here to return to Housing Allowance.

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Note: I am a "partner" of Gusto, but as I have told you before ... I never recommend anything that we or our clients have not tried and love =)



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