Two Year Window Rule

Yeah I just went with the CPA. I just send him a spreadsheet of everything and let him figure it out. It has done pretty well for me so far. He's not cheap, but it's surely worth it to know things are done right.

I just saw in the IRS Tax publications that even living in a parsonage that has been provided for a minister at no expense to him is considered self employment income by the IRS, Now I'm a bit confused on the matter because I thought the 2 years began when you started receiving wages from the church but the parsonage may be considered wages.

I think I'm one of the many Pastors that really doesn't know how to live in this world very well. It all seems a little too complicated for me.

When you look at a Housing Allowance understand that even living in a free Church parsonage is considered "Self Employment income" and Taxable I thought money had to change hands but I guess not now.

So, as I said, know what you want to do, pay an expensive Accountant and really figure this stuff out. Don't listen to your buddies in ministry that give you weak advice. Find an expert and know what you are doing before you do it.

All this stuff of taxes is a worldly thing and the world has a way of making things too complex to be understood by us laymen.