by robert
(ohio)
when i sign up for social security does my parsonage allowance count toward my income
Answer
Anything you pay self-employment tax on such as your housing allowance will count toward your Social Security benefits as far as I know.
If anyone knows differently please use the comment link below.
Vickey
Know the answer? Face the same situation? Please post your answer or comment by using the "comment" link below. Thank you!
1Comments
Parsonage Allowance
RRowena
I think that this allowance counts as income, but you are ok as long as the amount does not go over $14,ooo.oo a year.
Vickey's relpy
Whoops. I think I misread his question. Thank you, Rowena, for catching my error and answering his question.
Vickey's relpy
Whoops. I think I misread his question. Thank you, Rowena, for catching my error and answering his question.