can housing allowance increase during the year for remodeling?

by Marlin

Can the housing allowance be increased during a year where remodeling occurred?

Comments for can housing allowance increase during the year for remodeling?

Click here to add your own comments

Oct 09, 2013
Amending a Housing Allowance
by: Vickey

Yes, a housing allowance can be amended at any time during the year if a few rules are followed...

1. Be sure the same group (usually the church board) that designated the original housing allowance authorizes the amended housing allowance.

2. Be sure the amendment is in writing, It should be recorded in the minutes of the group that approves it. The minutes should be dated and recorded at or soon after the meeting in which the amendment is approved.

3. Only applies to future payments! This is the most important rule. An amended housing allowance only operates "prospectively". Which simply means that the amended housing allowance takes effect from the date of the approval till the end of the year. Reference: R. Hammar's Church and Clergy Tax Guide

Click here to add your own comments

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

Need training on how to use QBO or Aplos effectively for a church or better yet ...need an expert in either of those accounting software to do your monthly bookkeeping and/or payroll? See more on our accounting services!

Enjoy this page? Please pay it forward. Here's how...

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.