Our denomination's pension plan pays out our pension as housing allowance. In PA, housing allowance is taxable prior to retirement. Is it also taxable once you are officially retired? If so, is it taxable no matter what your total income is?
Comments for Tax on clergy housing allowance in retirement
|
||
|
||
Need training on how to use QBO or Aplos effectively for a church or better yet ...need an expert in either of those accounting software to do your monthly bookkeeping and/or payroll? See more on our accounting services!