drawing my social secutity

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

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Comments for drawing my social secutity

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Mar 24, 2010
 Parsonage Allowance
by: Rowena

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.

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