Minister has no mortgage payments on house he owns

If a minister owns his home, having no mortgage payments, can the minister include in the HA the fair rental value of his home for the purpose of adding that amount to his excluded income.


#2 Should the minister include the fair rental value for the purpose of figuring his self employment taxes if he has no mortgage payments on a home he owns?

Comments for Minister has no mortgage payments on house he owns

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Sep 07, 2016
Less of 3
by: Vickey

No. a minister's housing exclusion is limited to the LESSER of these 3 things:

1. The amount actually spent on eligible housing expenses.
2. The fair market rental value plus furnishings and utilities.
3. The amount officially designated in advance as HA.

So if his ACTUAL eligible housing expenses for the year is the least amount (with no mortgage ...this will probably be the less amount)...that will be his housing exclusion.

If he was paid more than that lesser amount ... it will be counted as income and all applicable taxes will be applied.

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