by Janet
(Virginia)
If mortgage interest and real estate taxes are deducted on Schedule A, is it also ok to include those same amounts in the housing allowance that is excluded from income? If so, is that not double-dipping? Also, is there a different answer if the minister is retired and receives a housing allowance as part of the pension package.
Comments for Housing Allowance and Schedule A Double Dip
|
||
|
||
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 =)