Is the proper wording for Box 14 "Housing" or can "Parsonage" be used as well?
Vickey's Reply: Box 14 is an "informational" box for the employee (The IRS doesn't use it)...so you can use any wording you want =)
As a courtesy to my minister clients...I always provide information either in an email or in the envelope with the W-2...on how to handle and file that additional "information" in Box 14.
Join in and write your own page! It's easy to do. How? Simply click here to return to Minister's W-2.
If you want to DIY your payroll, I highly recommend you look at using Gusto! It is very user friendly and their support is awesome! Plus they know how to set up and maintain payrolls for churches and nonprofit organizations.
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 =)