(Chattanooga, TN)
If the pastor only receives housing allowance and no salary does he have to pay self employment tax on the housing allowance? What is the benefit of paying housing allowance rather than salary if the self employment tax applies to both? We are a small congregation and want to help the pastor have the best tax break but are unsure of which would benefit him the most.
Comments for Housing allowance and self employment tax. Please help.
|
||
|
||
|
||
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 =)