Enter zero in Box 1 on W-2 if all salary is designates as housing allowance?
We have a part time minister who earns 7500/year which our Board has designated entirely as housing allowance. He has opted to have us withhold taxes to cover his SECA liability and does NOT file quarterly taxes. Does this mean that Box 1 on W-2 should be "zero" with the housing allowance entered in Box 14 and voluntary withholding amount in Box 2?
Comments for Enter zero in Box 1 on W-2 if all salary is designates as housing allowance?